Dominion Energy (D - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 30. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis energy company is expected to post quarterly earnings of $1.19 per share in its upcoming report, which represents a year-over-year change of +12.3%.
Revenues are expected to be $4.78 billion, up 5.6% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Dominion Energy?For Dominion Energy, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +3.29%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Dominion Energy will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Dominion Energy would post earnings of $0.73 per share when it actually produced earnings of $0.79, delivering a surprise of +8.22%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Dominion Energy appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsAmong the stocks in the Zacks Utility - Electric Power industry, WEC Energy Group (WEC - Free Report) , is soon expected to post earnings of $0.95 per share for the quarter ended September 2026. This estimate indicates a year-over-year change of +14.5%. This quarter's revenue is expected to be $2.23 billion, up 6% from the year-ago quarter.
The consensus EPS estimate for WEC Energy has been revised 2.4% lower over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +2.89%.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP indicates that WEC Energy will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Quarterly financial reports play a vital role on Wall Street, as they help investors see how a company has performed and what might be coming down the road in the near-term. And out of all of the metrics and results to consider, earnings is one of the most important.
Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.
Now that we know how important earnings and earnings surprises are, it's time to show investors how to take advantage of these events to boost their returns by utilizing the Zacks Earnings ESP filter.
The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP is more formally known as the Expected Surprise Prediction, and it aims to grab the inside track on the latest analyst estimate revisions ahead of a company's report. The idea is relatively intuitive as a newer projection might be based on more complete information.
With this in mind, the Expected Surprise Prediction compares the Most Accurate Estimate (being the most recent) against the overall Zacks Consensus Estimate. The percentage difference provides the ESP figure. The system also utilizes our core Zacks Rank to provide a stronger system for identifying stocks that might beat their next quarterly earnings estimate and possibly see the stock price climb.
In fact, when we combined a Zacks Rank #3 (Hold) or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time. Perhaps most importantly, using these parameters has helped produce 28.3% annual returns on average, according to our 10 year backtest.
Stocks with a #3 (Hold) ranking, which is most stocks covered at 60%, are expected to perform in-line with the broader market. But stocks that fall into the #2 (Buy) and #1 (Strong Buy) ranking, or the top 15% and top 5% of stocks, respectively, should outperform the market. Strong Buy stocks should outperform more than any other rank.
Should You Consider Entergy?The final step today is to look at a stock that meets our ESP qualifications. Entergy (ETR - Free Report) earns a #3 (Hold) 10 days from its next quarterly earnings release on November 2, 2026, and its Most Accurate Estimate comes in at $1.72 a share.
ETR has an Earnings ESP figure of +1.01%, which, as explained above, is calculated by taking the percentage difference between the $1.72 Most Accurate Estimate and the Zacks Consensus Estimate of $1.71. Entergy is one of a large database of stocks with positive ESPs. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
ETR is one of just a large database of Utilities stocks with positive ESPs. Another solid-looking stock is Dominion Energy (D - Free Report) .
Slated to report earnings on October 30, 2026, Dominion Energy holds a #3 (Hold) ranking on the Zacks Rank, and its Most Accurate Estimate is $1.23 a share seven days from its next quarterly update.
Dominion Energy's Earnings ESP figure currently stands at +3.29% after taking the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of $1.19.
ETR and D's positive ESP metrics may signal that a positive earnings surprise for both stocks is on the horizon.
Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>
Prefer to listen? Hear this as a ~5-minute audio briefing on The GuruFocus Brief.Stock NewsMusk considers Tesla-SpaceX merger: Elon Musk confirmed he is conside
Soda, toothpaste, phone service, electricity, and prescription drugs all share one trait: people keep buying them when the economy turns ugly. Five companies built their businesses around that reality, and the way they protect their dividends says more than the…
Soda, toothpaste, phone service, power, and prescription drugs keep selling even as the economy slows, and the five companies in this group pay their shareholders from that steady demand. All five stocks have a beta well below 1, meaning they have historically moved less than the broader market. The yields run from about 2.3% at the two consumer staples to nearly 6% at the drugmaker. Pfizer (NYSE:PFE | PFE Price Prediction) leads the group with a forward yield of 5.83% for $29.49. Each pick below starts with whether the dividend is safe, and only then gets to the yield.
Coca-Cola: Rising Cash Flow Guidance Backs a Dividend Raised Through Two Recessions
Coca-Cola (NYSE:KO) pays an annualized forward dividend of $2.12 per share. At $93.32, that’s a yield of 2.27%. It has the lowest yield on this list and the best dividend record.
Dividend safety: The dividend accounts for about 64% of trailing EPS of $3.33. Management raised its 2026 free cash flow guidance to about $12.4 billion, up from $12.2 billion. Based on the current share count, the dividend would use roughly 74% of that figure. It also holds $12.9 billion in cash. In the available dividend history, the quarterly payout grows each year from $0.16 in 1999 to $0.53 in 2026. It kept rising through the financial crisis, from $0.38 in 2008 to $0.41 in 2009 and $0.44 in 2010. It rose again in the pandemic year, reaching $0.41 in 2020.
Bull case: Second-quarter adjusted EPS of $0.97 beat the $0.93 estimate. Revenue rose 6.7% to $13.38 billion, and global unit case volume grew 5%. Comparable EPS growth is now expected to reach 9%-10% this year. Coca-Cola sells mostly concentrate to bottlers in more than 200 countries and territories, so it earns high margins without having most of the factories and trucks. The stock’s beta is 0.318.
Risk: Investors have already noted. The stock is up 36.09% year to date and trades at about 28x trailing earnings. That places it close to the average analyst target of $94.74. Coca-Cola is also still fighting the IRS in tax court, and its fourth quarter has six fewer calendar days than last year’s.
Colgate-Palmolive: A Dividend Increase Every Year Since 2017 With an Ex-Date Close at Hand
Colgate-Palmolive (NYSE:CL) pays $0.53 a quarter, or $2.12 annualized. At $93.40, the yield is 2.27%. The next ex-dividend date is October 20, 2026, and that payment goes out November 13, 2026.
Dividend safety: On trailing GAAP EPS of $2.54, the payout ratio comes to about 83%. That figure looks worse than the business really is because restructuring charges are weighing on reported profit. In the second quarter, GAAP EPS was $0.86 after $129M in program charges, while Base Business EPS (which strips those charges out) was $0.99. Base Business operating profit grew 5% to $1.15 billion. The quarterly dividend has gone up every year in the recent record, from $0.40 in 2017 to $0.53 in 2026. That includes the pandemic year, when it rose to $0.44 in 2020 from $0.43 in 2019. Payments run without a break from 1999 through 2026.
Bull case: People keep brushing their teeth in a recession. Colgate holds 41.3% of the global toothpaste market and 32.7% of the manual toothbrush market. Hill’s Pet Nutrition brings in roughly 22% of total sales. Gross margin expanded 140 bps to 61.5%, and organic volume improved from the prior quarter for the third consecutive quarter. Management raised its Base Business EPS growth guidance to the mid-single digits.
Risk: North America sales fell 3.0%, and shareholders’ equity is only $236M. That leaves it with little buffer. The stock also trades at 37x trailing earnings, compared with 21x forward.
AT&T: Free Cash Flow Covers the Payout More Than Twice Over
AT&T (NYSE:T) pays $1.11 a year. At $23.27, the yield is 4.77%.
Dividend safety: Based on current shares, the dividend would use roughly 42% of management’s 2026 free cash flow guidance of $18B+. It also equals roughly 49% of adjusted EPS guidance at the low end ($2.25-$2.35). Free cash flow is expected to rise to $19B+ in 2027 and $21B+ in 2028. AT&T has a mixed dividend record. It held the payout at $0.52 a quarter through the 2020 pandemic, then cut it to $0.2775 in 2022 after spinning off WarnerMedia. It has paid that same amount every quarter from April 2022 through October 2026, and management says it expects to keep the $1.11 annualized rate.
Bull case: Wireless and broadband bills are among the last expenses families cut. AT&T added 432K postpaid mobile subscribers last quarter, with churn of just 0.86%, and 646K internet customers. Its fiber network reaches 38.6M locations, with a target of 40M by year-end 2026. AT&T plans to return $45B+ to shareholders from 2026 through 2028. The stock trades at about 10x forward earnings. This month, the company agreed to sell AT&T Mexico and announced a new fiber joint venture with Global Infrastructure Partners and CPP Investments.
Risk: Debt is heavy. Total debt stands at $144B, and net debt/EBITDA of 2.68x is above management’s 2.5x target. Interest expense rose 13.8%. One analyst also warned that a SpaceX threat could loom over the stock for an extended period. Shares are down 8.89% over the past month.
Dominion Energy: Data Center Demand Supports a Regulated Payout
Dominion Energy (NYSE:D) pays $0.6675 a quarter, or $2.67 annualized. At $63.03, the yield is 4.24%.
Dividend safety: The dividend comes to about 75% of the midpoint of 2026 operating EPS guidance ($3.57), which is a normal payout level for a regulated utility. Management reaffirmed its credit, dividend, and long-term growth guidance. Income investors should know the history. Dominion cut its quarterly dividend from $0.94 to $0.63 in late 2020 after selling its gas assets. It raised the payout to $0.6675 in 2022 and has kept it there since. A five-year capital plan of $64.7 billion means Dominion will depend on access to the capital markets.
Bull case: Electricity demand barely changes in a recession, and Dominion serves about 3.6 million homes and businesses under regulated rates. Second-quarter operating EPS of $0.79 beat the $0.6845 estimate, its sixth consecutive beat. Revenue rose 17.59%. Data center growth in Loudoun County, Virginia, supports long-term operating EPS growth guidance of 5% to 7% through 2030. The stock’s beta is 0.619, and it trades at about 16x forward earnings.
Risk: The proposed $66.8B merger with NextEra Energy still needs approvals in several states. The offshore wind project carries cost-recovery risk. GAAP net income fell to $340M from $760M after $626M in nonregulated impairments.
Pfizer: The Highest Yield in the Group at About 10x Forward Earnings
Pfizer pays $1.72 a year, for a yield of 5.83%. That is high-yield but just below the ultra-high-yield cutoff.
Dividend safety: The dividend takes up about 57% to 61% of the reaffirmed adjusted EPS guidance of $2.80-$3.00. Pfizer paid $9.8 billion in dividends in 2025. It expects no share repurchases in 2026, keeping more cash available for dividends and debt reduction. Its free cash flow yield is about 5.39%, and interest coverage is 5.78. The quarterly payout rose every year from $0.32 in 2017 to $0.43 in 2025, including increases through the pandemic to $0.38 in 2020 and $0.39 in 2021. So far, it has held at $0.43 through 2026.
Bull case: Patients keep filling prescriptions in a downturn. Second-quarter adjusted EPS of $0.77 beat the $0.68 estimate. New and acquired products grew 18%, with Eliquis up 19%. Management raised the midpoint of revenue guidance by $500M and plans 10 Phase 3 studies for berobenatide, its monthly GLP-1 obesity drug. CEO Albert Bourla said, “Our oncology portfolio remains a source of strength.” The stock has a beta of 0.276.
Risk: Pfizer posted a Q2 GAAP net loss of $248M after a $3.8B impairment. Generic and biosimilar competition is expected to cost about $1.1B in revenue this year, and the company is replacing its departed CFO. On GAAP numbers, the stock trades at 39x trailing earnings.
One Portfolio, Five Steady Paychecks
Coca-Cola and Colgate have the longest records of dividend increases. AT&T and Pfizer offer the highest yields, with payouts well covered by free cash flow and earnings guidance. Dominion adds regulated utility income supported by growing data center demand. Over the next few weeks, keep an eye on Colgate’s October 20 ex-dividend date, AT&T’s progress on paying down debt, and the approval schedule for Dominion’s merger.
Contact [email protected] for any questions or corrections.
Dominion Energy (D - Free Report) ended the recent trading session at $63.67, demonstrating a +1.28% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 1.09%. On the other hand, the Dow registered a loss of 0.34%, and the technology-centric Nasdaq decreased by 2.15%.
Coming into today, shares of the energy company had lost 2.22% in the past month. In that same time, the Utilities sector gained 0.4%, while the S&P 500 gained 2.44%.
Analysts and investors alike will be keeping a close eye on the performance of Dominion Energy in its upcoming earnings disclosure. The company's earnings report is set to go public on October 30, 2026. The company is predicted to post an EPS of $1.17, indicating a 10.38% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $4.78 billion, showing a 5.58% escalation compared to the year-ago quarter.
D's full-year Zacks Consensus Estimates are calling for earnings of $3.59 per share and revenue of $18.36 billion. These results would represent year-over-year changes of +4.97% and +11.26%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Dominion Energy. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.08% upward. Dominion Energy presently features a Zacks Rank of #3 (Hold).
Investors should also note Dominion Energy's current valuation metrics, including its Forward P/E ratio of 17.51. This denotes a premium relative to the industry average Forward P/E of 17.18.
Meanwhile, D's PEG ratio is currently 2.92. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Utility - Electric Power industry had an average PEG ratio of 2.53.
The Utility - Electric Power industry is part of the Utilities sector. At present, this industry carries a Zacks Industry Rank of 90, placing it within the top 37% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Every year a taxable utility portfolio quietly hands thousands of dollars to the IRS that a different account structure would let you keep forever. Five popular dividend stocks reveal exactly how large that silent penalty grows over time.
At the 24% federal bracket, a $500,000 utility portfolio making about $17,530 in annual dividends hands roughly $4,210 to the IRS every year when that income is taxed at ordinary rates. Inside a Roth IRA, that bill is zero, because qualified Roth distributions are excluded from gross income under 26 U.S.C. § 408A(d)(1).
Five Utilities, Two Accounts, One Tax Gap
The model portfolio puts $100,000 into each of five regulated electric utilities. Each yield below is the annualized forward dividend divided by the latest share price.
Stock
Forward Dividend
Price
Yield
Income on $100K
DUK
$4.34
$120.90
3.59%
$3,590
SO
$3.04
$89.28
3.41%
$3,405
D
$2.67
$62.86
4.25%
$4,248
AEP
$3.80
$124.29
3.06%
$3,057
ED
$3.55
$109.86
3.23%
$3,231
Dominion Energy (NYSE:D | D Price Prediction) carries the highest yield in the group. Its quarterly payout has held at $0.6675 since 2022, so nearly all of its return is current income, which makes it the most tax-sensitive name here.
Duke Energy (NYSE:DUK) serves about 8.73 million retail customers and targets 5% to 7% EPS growth through 2030. That gives it a large, regular stream of income that continues going up, and taxing it every year in a brokerage account adds up.
Southern Company (NYSE:SO) raised its quarterly dividend from $0.72 in 2024 to $0.76 in 2026, while commercial kWh sales rose 7.3% on data center demand. As the payout grows, so does the tax a taxable account would owe on it.
Consolidated Edison (NYSE:ED) has raised its dividend for 52 consecutive years. A payout that has grown that long matches an account where every future increase also stays out of the IRS’s reach.
American Electric Power (NASDAQ:AEP) has the lowest starting yield but projects 7% to 9% annual earnings growth through 2030. It is the group’s fastest projected grower, and that growth would compound without annual tax drag in a tax-free account.
At 24%
Taxable
Roth IRA
Gross income
$17,530
$17,530
Federal tax
$4,210
$0
Net income
$13,320
$17,530
Roth’s annual advantage comes to $4,210, or $42,070 over 10 years before any reinvestment. Utility dividends usually count as qualified dividends, which the IRS taxes at lower capital gain rates of 0%, 15%, or 20%. At 15%, the yearly drag falls to $2,630, or $26,300 over a decade. Treat the ordinary-rate figures as the ceiling and the qualified figures as the floor.
Higher Brackets Pay a Steeper Price
In 2025, the 24% bracket ran from $206,701 to $394,600 for joint filers. Here is the same portfolio across rates:
Tax Rate
Taxable Net Income
Yearly Roth Advantage
15% (qualified)
$14,900
$2,630
22%
$13,670
$3,860
24%
$13,320
$4,210
32%
$11,920
$5,610
37%
$11,040
$6,490
Compounding Turns a Tax Bill Into a Six-Figure Gap
Say the $4,210 yearly difference is reinvested at a conservative 4%, with no change in share prices. After 10 years the gap reaches about $50,500, and after 20 years about $125,300. At the 15% qualified rate, the figures are $31,600 and $78,300. That is the permanent cost of holding these five utilities in a taxable account. Roth owners also face no required distributions at any age during their life, so the tax-free reinvestment can continues running (the quiet years before RMDs begin are also when conversions are cheapest, something we sized up in a free Roth guide).
Three Moves Before Your Next Filing
Pull the 1099-DIV for every utility in your taxable account and split each payout into qualified and nonqualified dividends. Then multiply each piece by the rate that applies to you to get your real annual drag.
Before a Roth conversion, compare its one-time tax cost with the 10-year and 20-year figures above, adjusted for to how much you hold.
Rank the positions by yield and growth. Dominion’s high current payout and AEP’s growth profile make them the most tax-sensitive positions in the group.
Contact [email protected] for any questions or corrections.
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Dominion Energy (D - Free Report) , which belongs to the Zacks Utility - Electric Power industry.
This energy company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 7.48%.
For the most recent quarter, Dominion Energy was expected to post earnings of $0.73 per share, but it reported $0.79 per share instead, representing a surprise of 8.22%. For the previous quarter, the consensus estimate was $0.89 per share, while it actually produced $0.95 per share, a surprise of 6.74%.
Price and EPS Surprise
With this earnings history in mind, recent estimates have been moving higher for Dominion Energy. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank.
Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Dominion Energy currently has an Earnings ESP of +1.03%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner. We expect the company's next earnings report to be released on October 30, 2026.
With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss.
Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.
Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
In the latest trading session, Dominion Energy (D - Free Report) closed at $62.45, marking a +1.31% move from the previous day. This move outpaced the S&P 500's daily loss of 0.06%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq lost 0.44%.
Coming into today, shares of the energy company had lost 4.23% in the past month. In that same time, the Utilities sector lost 3.5%, while the S&P 500 gained 2.36%.
The upcoming earnings release of Dominion Energy will be of great interest to investors. The company's earnings report is expected on October 30, 2026. The company's upcoming EPS is projected at $1.21, signifying a 14.15% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $4.93 billion, up 8.97% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $3.59 per share and revenue of $18.41 billion, which would represent changes of +4.97% and +11.55%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Dominion Energy. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Right now, Dominion Energy possesses a Zacks Rank of #3 (Hold).
With respect to valuation, Dominion Energy is currently being traded at a Forward P/E ratio of 17.18. For comparison, its industry has an average Forward P/E of 17.18, which means Dominion Energy is trading at no noticeable deviation to the group.
One should further note that D currently holds a PEG ratio of 2.86. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Utility - Electric Power industry held an average PEG ratio of 2.5.
The Utility - Electric Power industry is part of the Utilities sector. This industry currently has a Zacks Industry Rank of 94, which puts it in the top 39% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
RICHMOND, Va.--(BUSINESS WIRE)--Dominion Energy (NYSE: D) will host its third-quarter 2026 earnings call at 11 a.m. ET on Friday, October 30, 2026. Management will discuss matters of interest to financial and other stakeholders including recent financial results. A live webcast of the conference call, including accompanying slides and other financial information, will be available on the investor information pages at investors.dominionenergy.com. For individuals who prefer to join via telephone.
Dominion Energy (D - Free Report) closed the most recent trading day at $62.00, moving +1.61% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.58%. Meanwhile, the Dow experienced a rise of 0.49%, and the technology-dominated Nasdaq saw an increase of 0.45%.
Prior to today's trading, shares of the energy company had lost 7.32% lagged the Utilities sector's loss of 5.94% and the S&P 500's gain of 0.84%.
Analysts and investors alike will be keeping a close eye on the performance of Dominion Energy in its upcoming earnings disclosure. The company is predicted to post an EPS of $1.21, indicating a 14.15% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $4.93 billion, up 8.97% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $3.59 per share and a revenue of $18.41 billion, demonstrating changes of +4.97% and +11.55%, respectively, from the preceding year.
Investors should also take note of any recent adjustments to analyst estimates for Dominion Energy. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, Dominion Energy possesses a Zacks Rank of #3 (Hold).
With respect to valuation, Dominion Energy is currently being traded at a Forward P/E ratio of 17.01. For comparison, its industry has an average Forward P/E of 16.68, which means Dominion Energy is trading at a premium to the group.
One should further note that D currently holds a PEG ratio of 2.84. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Utility - Electric Power industry currently had an average PEG ratio of 2.46 as of yesterday's close.
The Utility - Electric Power industry is part of the Utilities sector. At present, this industry carries a Zacks Industry Rank of 112, placing it within the top 46% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Key Takeaways Dominion Energy had 53.8 GW of contracted data center capacity as of July 2026, up 11% from December 2025. Dominion Energy plans to invest $65B through 2030 to expand infrastructure for rising electricity demand. Dominion Energy retained its 5-7% long-term operating earnings growth outlook through 2030. Dominion Energy (D - Free Report) is positioned to benefit from rising electricity demand driven by the expansion of data centers in Virginia. Data-center growth is contributing to higher electricity sales and peak demand across Dominion’s service territory.
Dominion Energy Virginia had approximately 53.8 gigawatts (GW) of contracted data-center capacity as of July 2026, up about 5.3 GW or 11% from December 2025. The total included 12 GW under electric service agreements (ESAs), 9.4 GW under construction letters of authorization and 32.4 GW under substation engineering letters of authorization. Dominion also noted that data-center customers continue to view Virginia’s network density, connectivity and established ecosystem as key advantages. The company retained its 5-7% long-term operating earnings growth outlook through 2030.
The company is expanding its infrastructure to accommodate rising electricity demand and plans to invest $65 billion through 2030. Its large-load contracting framework also includes mechanisms to recover infrastructure costs from data-center customers, helping reduce the risk of stranded costs and cost shifts to existing customers. Dominion and Santee Cooper received regulatory approval to jointly develop the 2,200-megawatt Canadys Station natural gas-fired combined-cycle facility in South Carolina to support rising electricity demand.
Overall, Dominion’s expanding data-center pipeline, rising electricity demand and infrastructure investments can support rate-base expansion, revenue growth and long-term earnings potential.
Rising Data-Center Demand Drives Utility GrowthRising data center demand is increasing electricity consumption, creating opportunities for utilities to expand infrastructure and regulated investments. This can support electricity sales, rate-base growth and stronger long-term earnings prospects.
FirstEnergy Corp. (FE - Free Report) is capitalizing on rising data-center power demand, as its contracted and pipeline load increased to 24.8 GWs, marking about 30% growth from the first quarter.
PPL Corporation (PPL - Free Report) benefits from rising data-center demand across Pennsylvania and Kentucky, with nearly 31.8 GW of potential large-load demand in Pennsylvania, including nearly 11 GW under signed ESAs.
The Zacks Rundown on DD’s Earnings EstimatesThe Zacks Consensus Estimate for 2026 and 2027 earnings per share indicates a year-over-year increase of 4.97% and 6.21%, respectively.
Image Source: Zacks Investment Research
Debt to CapitalD's debt-to-capital ratio currently stands at 61.38%, lower than the Zacks Utility - Electric Power industry’s 62.33%.
Image Source: Zacks Investment Research
D’s Stock Price PerformanceIn the past six months, the company’s shares have plunged 2.7% compared with the industry’s 13.9% decline.
Key Takeaways Constellation Energy is positioned to benefit from rising data center demand and its extensive nuclear fleet.CEG's 2026 and 2027 earnings estimates imply year-over-year growth of 29.82% and 8.76%, respectively.CEG has a 5.4% ROIC and 37.16% long-term debt-to-capital ratio, versus Dominion Energy's 2.62% and 58.16%. The rapid expansion of AI-driven data centers, urbanization, industrial activity and electric vehicle adoption is driving a sharp increase in electricity demand. Against this backdrop, nuclear energy is gaining importance as a reliable source of clean power. Its high-capacity factor and zero operational emissions allow nuclear plants to deliver continuous electricity, unlike weather-dependent renewable sources such as solar and wind.
Nuclear power can generate large volumes of carbon-free electricity while using significantly less land than many other clean energy sources. It also follows established processes for managing and storing nuclear waste. As nuclear energy gains a larger role in the global power generation mix, nuclear-focused companies such as Constellation Energy Corporation (CEG - Free Report) and Dominion Energy Inc. (D - Free Report) are drawing increased investor attention.
Constellation Energy benefits from its leading position in clean and reliable nuclear generation. Its extensive nuclear fleet provides steady baseload power, positioning the company to capitalize on rising electricity demand from data centers, electrification and decarbonization initiatives. Strategic acquisitions have expanded its operating scale and customer base, while continued capital investments support plant reliability and efficiency. Long-term power purchase agreements also provide greater revenue visibility and support sustainable growth.
Dominion Energy is similarly positioned to benefit from rising demand for clean and dependable electricity. Its nuclear fleet provides carbon-free baseload power and supports grid reliability, while the company’s exploration of small modular reactors offers potential for additional scalable generation capacity. Continued investments in transmission and distribution infrastructure are strengthening system reliability and supporting regulated rate base growth. At the same time, rapid commercial load growth, particularly from data centers across its service territories, is creating additional demand opportunities.
With both companies operating substantial clean-energy portfolios and benefiting from rising electricity demand, comparing their fundamentals can provide greater insight into how CEG and D currently stack up as investment options.
CEG & D’s Earnings EstimatesThe Zacks Consensus Estimate for Constellation Energy’s 2026 and 2027 earnings per share indicates year-over-year growth of 29.82% and 8.76%, respectively.
Image Source: Zacks Investment Research
The same for Dominion Energy’s 2026 and 2027 earnings per share implies year-over-year growth of 4.97% and 6.21%, respectively.
Image Source: Zacks Investment Research
Return on Invested CapitalReturn on Invested Capital (“ROIC”) measures how efficiently a company uses invested capital to generate profits. A higher ROIC generally indicates stronger capital allocation, competitive advantages and greater potential for long-term value creation.
CEG’s current ROIC is 5.4%, higher than D’s 2.62%.
Image Source: Zacks Investment Research
Long-Term Debt to CapitalCompanies involved in utility services are capital-intensive, as large amounts of funds are required to develop, maintain, upgrade and expand operations. The Fed rate has recently been raised 25 basis points to a range of 3.75-4%.
CEG’s long-term debt-to-capital currently stands at 37.16% compared with D’s 58.16%. It is evident Dominion Energy utilizes a much higher percentage of debt to run its operations compared with Constellation Energy.
Image Source: Zacks Investment Research
ValuationConstellation Energy currently appears to be trading at a premium compared with Dominion Energy on a Price/Earnings Forward 12-month basis. (P/E- F12M).
CEG is currently trading at 20.29X, while D is trading at 16.17X.
Image Source: Zacks Investment Research
Price PerformanceConstellation Energy’s shares have lost .0.2% in the past three months, while Dominion Energy’s share have declined 13.2%.
Price Performance (Three months)
Image Source: Zacks Investment Research
Summing UpConstellation Energy is well positioned to serve rising data center power demand, supported by its extensive nuclear generation capacity, efficient operations and reliable electricity output. Likewise, Dominion Energy effectively leverages the nuclear fleet to meet growing demand, with nuclear power contributing a substantial share of its overall electricity generation.
Although Dominion Energy currently trades at a discounted valuation, Constellation Energy’s favorable earnings estimate revisions, relatively lower reliance on debt, and stronger return on invested capital make it a more attractive choice in the energy space.
Even though both stocks currently carry a Zacks Rank #3 (Hold), considering the aforementioned factors, Constellation Energy is our choice over Dominion Energy.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Two household-name stocks with very different business models happen to share one trait right now: yields high enough that a combined $150,000 stake clears a specific monthly income threshold with room to spare.
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Income investors think in monthly cash flow. Put $150,000 to work across the right two dividend payers and the mailbox starts producing roughly $500 a month in checks that keep arriving whether the S&P 500 is ripping to new highs or sliding into a correction. That is the entire pitch behind this exercise: Two U.S.-listed names, $75,000 in each and a blended yield high enough to hit the target without reaching into fragile double-digit payers.
The two tickers under the microscope are Dominion Energy (NYSE:D | D Price Prediction) and Ford (NYSE:F). Both are large-cap, both are cash-generative, and both currently trade at price points that push their forward yields well above the broad market. Here is what a $75,000 stake in each would produce in annual passive income, working from lowest yield up to highest.
Stock #1: Dominion Energy Yield: ~4.37% Shares for $75,000: 1,226.89 Annual Passive Income: ~$3,275.80 Dominion is a regulated electric and gas utility serving Virginia, North Carolina, and South Carolina, with its largest segment sitting directly under the world’s densest concentration of hyperscale data centers in Loudoun County, Virginia. Management reported more than 53 gigawatts of data center capacity in various stages of contracting, with roughly 12 gigawatts already under electric service agreements. That load growth is why the capex plan is so aggressive and why the yield stays elevated even as the business expands.
The dividend has been a flat 66 cents quarterly since March 2022, annualizing to $2.67. Coverage looks orderly: 2026 operating EPS guidance of $3.45 to $3.69 puts the payout ratio in the ~75% range, standard for a regulated utility. On the July call, CFO Steven Ridge said “we are reaffirming all financial guidance provided on our fourth quarter earnings call, including operating earnings, credit, dividend, and long-term growth guidance.”
The overhang is the pending $66.8 billion merger with NextEra Energy, still awaiting shareholder and regulatory approvals, plus a $820 million RNG write-down in Q2. Investors should track both alongside the Coastal Virginia Offshore Wind build, which management said is 81% complete.
Stock #2: Ford Yield: 5.89% Shares for $75,000: 5,787.04 Annual Passive Income: ~$3,472.22 Ford runs three operating segments: Ford Blue (ICE and hybrids), Ford Pro (commercial vehicles and high-margin software) and Ford Model e (EVs), backed by Ford Credit. The yield sits this high because the share price traded at $12.71 on Friday, Sept. 25, weighed down by cyclical auto exposure, tariff friction and continuing losses in the EV unit. The regular quarterly dividend has held at 15 cents per share, annualizing to 60 cents.
On the coverage question, Ford’s Q2 2026 update raised full-year adjusted EBIT guidance to $10 billion to $11 billion and adjusted free cash flow to $6 billion to $7 billion, against a payout that consumes a fraction of that cash. CFO Sherry House told analysts, “We remain committed to our investment grade rating in returning capital as shareholders.” She also flagged $22.3 billion in cash and $43.4 billion in total liquidity. Ford has returned more than $16 billion through dividends and anti-dilutive share repurchases over the last five years.
The risks are material: more than $2 billion in commodity headwinds this year, Model e losses of $4 billion to $4.5 billion in 2026, and a Novelis-linked supply disruption. Ford stock also dipped ahead of the Trump-Xi dinner on trade concerns.
Combined Income Summary Name Yield Annual Dividend Income Dominion Energy ~4.37% ~$3,275.80 Ford 5.89% ~$3,472.22 Total ~4.50% ~$6,748.02 Combined, these two positions generate roughly $6,748 in annual passive income on a $150,000 investment, a blended yield near 4.50%. Ford contributes about $3,472, and Dominion adds roughly $3,276, clearing the $500-a-month target with cushion left over.
The appeal of that cushion is compounding optionality. Reinvested through dividend reinvestment plans, an extra few hundred dollars a year of overshoot buys additional fractional shares at whatever price the market offers, quietly lifting the forward income stream every quarter. That is the mechanical advantage income equities hold over illiquid alternatives: cash lands on a schedule, and the investor decides what to do with it.
Contact [email protected] for any questions or corrections.
Dominion Energy (D - Free Report) ended the recent trading session at $60.40, demonstrating a -1.26% change from the preceding day's closing price. This change lagged the S&P 500's 0.03% loss on the day. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 0.01%.
Shares of the energy company witnessed a loss of 8.58% over the previous month, trailing the performance of the Utilities sector with its loss of 5.98%, and the S&P 500's gain of 0.53%.
Market participants will be closely following the financial results of Dominion Energy in its upcoming release. The company is expected to report EPS of $1.21, up 14.15% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $4.95 billion, indicating a 9.24% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $3.59 per share and a revenue of $18.41 billion, demonstrating changes of +4.97% and +11.55%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Dominion Energy. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Dominion Energy currently has a Zacks Rank of #3 (Hold).
In terms of valuation, Dominion Energy is presently being traded at a Forward P/E ratio of 17.05. This indicates a premium in contrast to its industry's Forward P/E of 16.33.
It is also worth noting that D currently has a PEG ratio of 2.84. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Utility - Electric Power stocks are, on average, holding a PEG ratio of 2.41 based on yesterday's closing prices.
The Utility - Electric Power industry is part of the Utilities sector. This group has a Zacks Industry Rank of 106, putting it in the top 44% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Engineers Gate Manager LP cut its holdings in Dominion Energy Inc. (NYSE:D – Free Report) by 83.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,703 shares of the utilities provider’s stock after selling 35,016 shares during the quarter. Engineers Gate Manager LP’s holdings in Dominion Energy were worth $458,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Dominion Energy in the 2nd quarter worth approximately $4,986,439,000. Capital Research Global Investors lifted its position in Dominion Energy by 9.0% in the fourth quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock worth $3,503,142,000 after buying an additional 4,940,692 shares during the last quarter. Geode Capital Management LLC boosted its stake in Dominion Energy by 1.6% during the fourth quarter. Geode Capital Management LLC now owns 20,442,935 shares of the utilities provider’s stock worth $1,196,056,000 after buying an additional 314,932 shares during the period. Bank of America Corp DE boosted its stake in Dominion Energy by 15.7% during the first quarter. Bank of America Corp DE now owns 15,930,241 shares of the utilities provider’s stock worth $984,808,000 after buying an additional 2,164,951 shares during the period. Finally, Bank of New York Mellon Corp increased its position in Dominion Energy by 5.5% during the fourth quarter. Bank of New York Mellon Corp now owns 12,874,007 shares of the utilities provider’s stock valued at $754,288,000 after acquiring an additional 674,782 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.
Dominion Energy Price Performance Shares of D stock opened at $61.12 on Thursday. The company has a market capitalization of $53.76 billion, a P/E ratio of 21.30, a P/E/G ratio of 2.91 and a beta of 0.64. The company’s 50-day simple moving average is $67.29 and its two-hundred day simple moving average is $65.85. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64.
Dominion Energy (NYSE:D – Get Free Report) last posted its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The firm had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.04 billion. During the same quarter in the previous year, the firm posted $0.75 earnings per share. The company’s revenue was up 17.6% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts anticipate that Dominion Energy Inc. will post 3.57 EPS for the current year. Dominion Energy Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Sunday, September 20th. Stockholders of record on Friday, September 4th were paid a dividend of $0.6675 per share. The ex-dividend date was Friday, September 4th. This represents a $2.67 annualized dividend and a dividend yield of 4.4%. Dominion Energy’s dividend payout ratio (DPR) is currently 93.03%.
More Dominion Energy News Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: The proposed $66.8 billion Dominion–NextEra combination could receive support from a Virginia benefits package offering up to $1 billion annually for five years in spending with Virginia suppliers, contractors and service providers. A public hearing on the merger is scheduled in Newport News, keeping the approval process in focus. NextEra and Dominion unveil a bigger pitch for Virginia Neutral Sentiment: Merger approval remains uncertain. Virginia regulators heard arguments over Clean Virginia’s request to compel documents related to alleged undisclosed information, while local officials are also weighing opposition to Dominion’s proposed Vint Hill substation expansion. These proceedings could affect the timing, conditions and perceived value of the transaction. Dominion-NextEra merger regulatory hearing Neutral Sentiment: Dominion said it was preparing for storms and potential salt contamination. While the preparation may limit operational disruption, storm-related damage and restoration costs remain risks for a regulated utility. Dominion prepares for storm concerns Negative Sentiment: Thousands of customers in Hampton Roads, including Virginia Beach, Hampton and Suffolk, lost power. Although outages may be temporary, they can increase restoration expenses, attract regulatory attention and damage customer-service perceptions. Thousands of Dominion customers lost power Negative Sentiment: The latest trading coverage noted that Dominion’s decline was larger than the market’s, but provided no new company-specific fundamental deterioration. Investors appear to be weighing merger-related uncertainty and operational headlines against Dominion’s previously reported earnings beat and 2026 EPS guidance of $3.45–$3.69. Dominion registers a bigger fall than the market Analyst Upgrades and Downgrades Several equities research analysts have recently issued reports on D shares. Weiss Ratings restated a “buy (b)” rating on shares of Dominion Energy in a report on Wednesday, August 19th. BMO Capital Markets upped their price target on shares of Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a report on Wednesday, July 22nd. Jefferies Financial Group raised shares of Dominion Energy from a “hold” rating to a “buy” rating and raised their price objective for the stock from $65.00 to $76.00 in a research note on Thursday, May 28th. UBS Group set a $80.00 target price on Dominion Energy in a research report on Wednesday, August 19th. Finally, TD Cowen raised Dominion Energy from a “hold” rating to a “buy” rating and upped their target price for the company from $69.00 to $80.00 in a research note on Wednesday, August 19th. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $69.79.
Check Out Our Latest Stock Analysis on Dominion Energy
(Free Report)
Dominion Energy, Inc is a regulated energy company headquartered in Richmond, Virginia. Through its utility operations, the company generates, transmits and distributes electricity and provides natural gas service to residential, commercial and industrial customers, primarily in Virginia and South Carolina.
The company’s electric generation portfolio includes nuclear, natural gas, renewable energy and hydroelectric resources. Dominion Energy also operates electric transmission and distribution networks, natural gas distribution systems and related energy infrastructure.
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In the latest trading session, Dominion Energy (D - Free Report) closed at $61.17, marking a -2.02% move from the previous day. This change lagged the S&P 500's daily loss of 0.76%. Meanwhile, the Dow lost 0.68%, and the Nasdaq, a tech-heavy index, lost 1.13%.
Shares of the energy company have depreciated by 6.72% over the course of the past month, underperforming the Utilities sector's loss of 4.18%, and the S&P 500's gain of 1.26%.
The investment community will be closely monitoring the performance of Dominion Energy in its forthcoming earnings report. It is anticipated that the company will report an EPS of $1.18, marking a 11.32% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $4.95 billion, reflecting a 9.24% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.57 per share and revenue of $18.41 billion. These totals would mark changes of +4.39% and +11.55%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Dominion Energy. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. As of now, Dominion Energy holds a Zacks Rank of #3 (Hold).
Looking at its valuation, Dominion Energy is holding a Forward P/E ratio of 17.47. This signifies a premium in comparison to the average Forward P/E of 16.62 for its industry.
We can also see that D currently has a PEG ratio of 2.91. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Utility - Electric Power industry currently had an average PEG ratio of 2.46 as of yesterday's close.
The Utility - Electric Power industry is part of the Utilities sector. This industry, currently bearing a Zacks Industry Rank of 104, finds itself in the top 43% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
The global energy transition is accelerating, leaving investors to choose between equipment manufacturers and utility operators. Should you bet on GE Vernova (GEV +0.89%) or NextEra Energy (NEE -1.01%) for your portfolio?
GE Vernova provides the hardware and services that power the grid, while NextEra Energy is a leading utility and renewable developer. Though they operate in different parts of the power sector, both companies benefit from rising electricity demand. We will look at their financial health and growth prospects to see which stock is the better choice.
The case for GE VernovaGE Vernova provides products and services to generate, transfer, and store electricity. The company technology generates about 25% of the world's power for utilities and industrial users. It has engaged in power collaborations with Chevron (CVX -0.28%) while managing a legal dispute with Vineyard Wind 1 LLC.
In FY 2025, revenue reached nearly $38.1 billion, representing approximately 8.9% growth. The company reported net income of roughly $4.9 billion. This resulted in a net margin, which measures how much profit is kept from each dollar of sales, of close to 12.8%.
As of its December 2025 balance sheet, the debt-to-equity ratio is 0.0x, meaning the company carries no total debt relative to its equity. The current ratio is approximately 1.0x, which measures its ability to pay short-term bills with liquid assets. Free cash flow, calculated as cash from operations minus capital spending, was nearly $3.7 billion.
The case for NextEra EnergyNextEra Energy operates Florida Power & Light and a major renewable energy arm. It serves over 6 million customer accounts and is currently working to acquire Dominion Energy (D -1.00%). This deal would expand its presence among electric utility stocks and clean energy developers.
In FY 2025, revenue reached approximately $27.5 billion, reflecting growth of roughly 11%. Net income for the period was nearly $6.8 billion. This produced a net margin of around 20%, reflecting strong profitability across its segments.
According to the December 2025 balance sheet, the debt-to-equity ratio is 1.8x, indicating total debt is nearly twice the value of shareholder equity. The current ratio is roughly 0.6x, showing that short-term liabilities exceed short-term assets. Free cash flow was approximately $3.2 billion for the year.
Risk profile comparisonGE Vernova faces risks from supply chain volatility, specifically regarding semiconductor chips and critical raw materials. It also faces competition from government-sponsored international companies in advanced energy systems. Regulatory risks, including antitrust litigation and potential environmental liabilities, could also impact its financial performance.
NextEra Energy faces regulatory hurdles, especially regarding rate cases and the acquisition of Dominion Energy. Operational risks at its nuclear facilities and commodity price volatility for natural gas add further complexity. Development delays for new solar and wind projects also remain a consistent threat to growth.
Valuation comparisonNextEra Energy appears cheaper based on future earnings estimates, while GE Vernova carries a higher premium despite its stronger balance sheet.
MetricGE VernovaNextEra EnergyForward P/E31.2x20.5xP/S ratio6.7x6.3xValuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
After its most recent quarter, GE Vernova's case has rarely looked stronger, making it my pick today. Every utility racing to meet surging electricity demand needs the gas turbines, grid equipment, and electrification infrastructure that GE Vernova manufactures, and that demand keeps accelerating. Its orders more than doubled year over year, and the company dramatically raised free cash flow guidance. This is one of the most compelling industrial growth stories in the market right now.
NextEra is making steady progress. Earnings grew at a healthy pace year over year and Florida Power & Light continues adding customers. That said, NextEra is in the middle of a complicated merger with Dominion Energy that won't close until late 2027 at the earliest. Large utility mergers take time, introduce regulatory risk, and consume management attention in ways that can slow momentum.
GE Vernova is focused entirely on execution right now, and the results keep proving it. Patient investors who want exposure to the energy transition without the complexity of a major merger will find GE Vernova the cleaner, more focused bet.
Dominion Energy (D - Free Report) ended the recent trading session at $64.29, demonstrating a +1.23% change from the preceding day's closing price. This change outpaced the S&P 500's 1.14% gain on the day. On the other hand, the Dow registered a gain of 0.61%, and the technology-centric Nasdaq increased by 1.69%.
The energy company's shares have seen a decrease of 7% over the last month, not keeping up with the Utilities sector's loss of 5.85% and the S&P 500's loss of 2.85%.
Market participants will be closely following the financial results of Dominion Energy in its upcoming release. The company is forecasted to report an EPS of $1.19, showcasing a 12.26% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $4.95 billion, up 9.24% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $3.57 per share and revenue of $18.36 billion, which would represent changes of +4.39% and +11.26%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Dominion Energy. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Dominion Energy presently features a Zacks Rank of #3 (Hold).
In terms of valuation, Dominion Energy is currently trading at a Forward P/E ratio of 17.87. Its industry sports an average Forward P/E of 16.92, so one might conclude that Dominion Energy is trading at a premium comparatively.
We can additionally observe that D currently boasts a PEG ratio of 2.98. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Utility - Electric Power was holding an average PEG ratio of 2.51 at yesterday's closing price.
The Utility - Electric Power industry is part of the Utilities sector. This industry, currently bearing a Zacks Industry Rank of 150, finds itself in the bottom 40% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Key Takeaways D-Wave Quantum expects most 2026 revenues in Q4 as two annealing systems reach acceptance milestones. QBTS expenses remain elevated as R&D, G&A and sales and marketing costs continue to rise. D-Wave Quantum's recurring QCaaS revenues are not yet large enough to offset volatile system sales. D-Wave Quantum’s (QBTS - Free Report) revenues remain uneven and dependent on large system contracts, making quarterly performance susceptible to volatility. System sales fell to just $0.3 million in the first half of 2026 from $13.7 million a year earlier.
The company expects most fiscal 2026 revenues in the fourth quarter as two annealing systems reach acceptance milestones. Any delays in installation or calibration could defer some of these revenues to 2027. Although backlog and deferred revenues provide some future visibility, recurring QCaaS revenues are not yet large enough to offset fluctuations in system sales.
Additionally, D-Wave’s gate-model business is at an early stage, with targets extending through 2032 and requiring continued progress in device fabrication, packaging and control-system scaling. Delays in foundry capacity, multi-chip interconnects or customer adoption could further postpone gate-model QCaaS revenues and system sales.
Expense intensity also remains high as the company funds both near-term commercialization and a multi-year technology roadmap. Second-quarter 2026 operating expenses rose 93% year over year, led by higher R&D, G&A and sales and marketing costs, including increased headcount, stock-based compensation and acquisition-related amortization. The company expects these expenses to remain elevated, making stronger recurring revenue growth important for improving profitability.
Peer UpdateIonQ’s (IONQ - Free Report) revenue recognition depends on delivery schedules and performance obligations, even though larger platform agreements increase contract size and product breadth. In the second quarter, remaining performance obligations increased to $485 million from $470 million in the first quarter.
However, about half is expected to convert to revenues within the next 12 months. IonQ continues to report significant losses as it invests in R&D and manufacturing. Adjusted EBITDA loss was $120.3 million in the second quarter, while R&D expenses rose to $160.6 million, keeping profitability dependent on stronger revenue growth. Also, IonQ’s roadmap depends on successful fabrication, commissioning and deployment of next-generation systems. Any delay could increase costs and defer revenue recognition.
Rigetti’s (RGTI - Free Report) revenue profile remains tied to the timing of system deliveries and milestone-based development work rather than recurring commercial usage. Revenues reached $5.1 million in the second quarter of 2026, up from $1.8 million a year earlier, driven mainly by sales of 9-qubit Novera systems and related products.
However, concentration remains high, with one customer accounting for 64% of second-quarter 2026 revenues and another for 16%. Rigetti continues to fund a large research and infrastructure program against a small revenue base.
Operating expenses rose 48% year over year to $30.3 million, including a 53% increase in R&D to $20.7 million. Rigetti’s path to quantum advantage still requires simultaneous progress in scale, fidelity, coherence, controls and error correction.
QBTS’ Price PerformanceOver the past year, QBTS’ shares have lost 10.5% compared with the broader Internet Software industry’s 10.6% decline. The S&P composite has risen 16.2% in the same time frame.
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QBTS’ Expensive ValuationQBTS currently trades at a forward 12-month Price-to-Sales (P/S) of 88.18X compared with the industry average of 4.16X.
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QBTS Stock Estimate TrendIn the past 30 days, the company’s loss per share estimate for 2026 has remained unchanged.
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QBTS stock currently has a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
JUNO BEACH, Fla. & RICHMOND, Va.--(BUSINESS WIRE)--In direct response to feedback from policymakers and other stakeholders, NextEra Energy, Inc. (NYSE: NEE) and Dominion Energy, Inc. (NYSE: D) today announced a transformational Virginia benefits package as part of their proposed combination, designed to put customers first while positioning the Commonwealth as a global energy leader with long-term bill relief for residential customers, long-term affordability benefits, data center cost protecti.
Bank of America Corp DE purchased a new position in shares of Dominion Energy Inc. (NYSE:D – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 14,599,270 shares of the utilities provider’s stock, valued at approximately $996,984,000. Bank of America Corp DE owned about 1.66% of Dominion Energy as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of D. BlackRock Inc. bought a new stake in shares of Dominion Energy in the second quarter valued at $4,986,439,000. Capital Research Global Investors increased its holdings in Dominion Energy by 9.0% in the 4th quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock worth $3,503,142,000 after acquiring an additional 4,940,692 shares during the last quarter. Geode Capital Management LLC increased its holdings in Dominion Energy by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 20,442,935 shares of the utilities provider’s stock worth $1,196,056,000 after acquiring an additional 314,932 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Dominion Energy by 5.5% during the fourth quarter. Bank of New York Mellon Corp now owns 12,874,007 shares of the utilities provider’s stock valued at $754,288,000 after purchasing an additional 674,782 shares during the last quarter. Finally, Norges Bank purchased a new stake in Dominion Energy during the fourth quarter valued at about $655,142,000. Institutional investors own 73.04% of the company’s stock.
Dominion Energy Trading Up 0.1% Shares of Dominion Energy stock opened at $64.45 on Tuesday. The company’s 50-day moving average price is $68.31 and its 200-day moving average price is $65.85. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. Dominion Energy Inc. has a 12-month low of $55.85 and a 12-month high of $72.99. The company has a market cap of $56.69 billion, a price-to-earnings ratio of 22.46, a PEG ratio of 3.00 and a beta of 0.64.
Dominion Energy (NYSE:D – Get Free Report) last posted its earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.11. The business had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities analysts expect that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year. Dominion Energy Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be issued a $0.6675 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 annualized dividend and a dividend yield of 4.1%. Dominion Energy’s dividend payout ratio (DPR) is presently 93.03%.
Dominion Energy News Summary Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: Dominion and NextEra offered significant new incentives ahead of a regulatory vote, including extending a $10 monthly residential bill credit from two years to four, increasing Dominion’s EnergyShare assistance by $100 million through 2038, and promising customers will not bear merger-related costs. Dominion and NextEra Virginia benefits package Positive Sentiment: The companies also proposed 1,000 new Virginia jobs, a shareholder-funded co-headquarters tower in Richmond, expanded workforce development, and a supplier program worth up to $1 billion annually for five years. These commitments could help address concerns from Virginia policymakers and improve the merger’s approval odds. Dominion and NextEra supplier program Neutral Sentiment: The merger remains subject to regulatory approval, and the companies’ decision to increase concessions highlights the difficulty of securing support from Virginia’s governor, legislators, and utility regulators. The added benefits could reduce political resistance but may also increase execution and financial commitments for the combined company. Expanded state benefits for merger Negative Sentiment: Critics argue the transaction could lead to higher electricity bills and more service shutoffs. Reports that Virginia customers incurred billions in unexpected fuel charges after Dominion forecast misses add to concerns about the company’s regulatory record and could make approval more challenging. Dominion fuel charge report Negative Sentiment: Debate over Dominion’s proposed large gas plant amid Virginia’s strengthened climate law adds another layer of environmental and regulatory risk. Recent localized outages affecting thousands of customers are a smaller but additional operational concern. Wall Street Analyst Weigh In Several equities analysts have recently weighed in on D shares. Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and lifted their target price for the stock from $65.00 to $76.00 in a research note on Thursday, May 28th. Truist Financial cut their price objective on shares of Dominion Energy from $68.00 to $66.00 and set a “hold” rating for the company in a report on Thursday, August 13th. Royal Bank Of Canada lifted their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 19th. Seaport Research Partners downgraded Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Dominion Energy in a report on Wednesday, August 19th. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $69.93.
View Our Latest Report on D
(Free Report)
Dominion Energy, Inc is a regulated energy company headquartered in Richmond, Virginia. Through its utility operations, the company generates, transmits and distributes electricity and provides natural gas service to residential, commercial and industrial customers, primarily in Virginia and South Carolina.
The company’s electric generation portfolio includes nuclear, natural gas, renewable energy and hydroelectric resources. Dominion Energy also operates electric transmission and distribution networks, natural gas distribution systems and related energy infrastructure.
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As the world grapples with soaring electricity demand from artificial intelligence and a shifting energy landscape, investors are weighing two different paths to power. Should you bet on Dominion Energy (D +0.15%) or GE Vernova (GEV -8.94%)?
Dominion Energy is a regulated utility focused on steady infrastructure growth and reliable dividends in the southeastern United States. GE Vernova is a recently spun-off industrial giant that manufactures the turbines and grid technology powering the global energy transition. These companies represent two different ways to play the rising demand for electricity.
The case for Dominion EnergyDominion Energy operates as a regulated utility, a prominent name among electric utility stocks, providing electricity to roughly 4.1 million customers in Virginia and the Carolinas. According to its latest annual report, filed for the most recent fiscal period, the company's major growth driver is the massive expansion of data centers in northern Virginia. The company also partners with Stonepeak on the Coastal Virginia Offshore Wind project, focusing on large-scale renewable infrastructure.
In FY 2025, the company reported revenue of nearly $16.5 billion, representing growth of approximately 14.2% compared to the prior year. This revenue translated into net income of roughly $3.0 billion, which resulted in a net margin of close to 18.2%, a measure of how much profit the company keeps from its total sales. The increase reflects higher rates and a larger customer base as the utility expands its footprint to meet industrial needs.
As of its December 2025 balance sheet, the debt-to-equity ratio is approximately 1.7x, which measures total debt against the value owned by shareholders. The current ratio, which compares short-term assets to short-term liabilities to assess liquidity, is roughly 0.8x. Free cash flow for the period was roughly negative $7.3 billion, which is the cash left after paying for business operations and capital investments, reflecting heavy spending on long-term infrastructure.
The case for GE VernovaGE Vernova focuses on the manufacture and service of equipment for power, wind, and electrification segments across more than 100 countries. As noted in its latest annual report, filed for the most recent fiscal year, its technology helps generate approximately 25% of the world's electricity. The company is increasingly positioned to support data centers and hyperscalers that require reliable, large-scale power solutions through its advanced gas turbine and electrification segments.
In FY 2025, revenue reached nearly $38.1 billion, an increase of close to 8.9% over the previous fiscal year. The company earned a net income of roughly $4.9 billion, yielding a net margin of approximately 12.8%, indicating the percentage of revenue remaining after all expenses are paid. This performance demonstrates a significant swing toward profitability compared to previous years as its wind segment and operational efficiency improved.
According to its December 2025 balance sheet, the debt-to-equity ratio is 0.0x, indicating the company has minimal debt relative to its equity base. The current ratio is roughly 1.0x, suggesting its short-term assets roughly equal its short-term liabilities. Free cash flow for the year was approximately $3.7 billion, which represents the cash remaining after paying for business operations and equipment purchases.
Risk profile comparisonDominion Energy faces significant regulatory risks because state and federal agencies dictate the rates it can charge its customers. Infrastructure projects like the offshore wind initiative carry execution risks, including potential cost overruns or delays in permitting and supply chain logistics. It also faces competition for capital from other regional utilities like Duke Energy (DUK -0.42%) or NextEra Energy (NEE -0.64%).
GE Vernova deals with complex supply chains and the risk of quality issues in its sophisticated gas and wind turbines. Many of its earnings come from long-term, fixed-price contracts that are sensitive to inflation and potential cost estimation errors. It competes globally against major industrial players such as Siemens Energy (SMEGF -6.71%) and Mitsubishi Electric (MIELF +4.32%).
Valuation comparisonDominion Energy appears to be the more conservative option based on its Forward P/E, while GE Vernova carries a higher P/S ratio due to its growth profile.
MetricDominion EnergyGE VernovaForward P/E18.0x45.5xP/S ratio3.4x6.7xValuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
I'd go with GE Vernova. Every utility racing to meet AI data center demand needs the gas turbines, grid equipment, and electrification infrastructure that GE Vernova makes. That positions it at the center of a spending wave that is still in its early stages. Orders more than doubled year over year in the most recent quarter, the backlog just hit a record level, and free cash flow guidance was raised dramatically for the full year.
Dominion, to its credit, is executing steadily in a difficult environment. It beat estimates on both revenue and operating earnings in the most recent quarter, added more than 5 gigawatts of new data center contracts since year-end, and pays a dividend backed by more than four decades of consecutive payments. For investors who want stable, income-generating utility exposure to the AI electricity build-out, it is a solid choice.
But Dominion is navigating a pending merger with NextEra that introduces regulatory complexity and won't close until late 2027 at the earliest. GE Vernova has no such distraction; just a record backlog and demand that keeps accelerating. For a long-term investor, owning the company making the equipment the entire power grid depends on is a more dynamic bet than owning one of the utilities buying it.
Enhanced package would deliver long-term residential bill relief, create 1,000 new direct jobs in Virginia, accelerate clean energy development and build a new shareholder-funded co-headquarters tower for the combined company in downtown Richmond
Puts customers first by doubling residential bill credits from two years to four years, expanding low-income financial assistance by increasing EnergyShare, Dominion Energy's shareholder-funded energy bill assistance program, by $100 million through 2038 and holding customers harmless from merger costs. Delivers long-term affordability benefits by leveraging the combined company's scale to buy, build, finance and operate more efficiently — a model demonstrated by Florida Power & Light Company's track record of delivering typical residential bills more than 37% below the national average and reliability more than 60% better than the national average. Regular reviews by the Virginia State Corporation Commission will set base rates and ensure accountability. Protects Virginia's families and small businesses by reaffirming support for the efforts of the State Corporation Commission, the General Assembly and the Governor to protect residential and business customers from costs associated with serving data centers. Builds more clean energy and battery storage faster by accelerating solar, storage and other resources in Virginia to affordably power the Commonwealth's growth, advance the Virginia Clean Economy Act and reduce reliance on expensive imported power. Positions Virginia as a global energy leader by maintaining current employee headcount levels in Virginia for five years, bringing 1,000 new direct jobs to the Commonwealth, building a new shareholder-funded co-headquarters tower for the combined company in Richmond and supporting work in renewable energy development and supply chain management, battery storage operations, nuclear and small modular reactor innovation, enterprise technology and cybersecurity, among others. Invests in Virginia's workforce and supply chain through a $100 million workforce development fund, up to a $1 billion annual, five-year Virginia Supplier Program and a new annual global energy summit in Virginia. Keeps Dominion Energy Virginia local by preserving its name, local leadership, employee workforce and accountability to the State Corporation Commission. , /PRNewswire/ -- In direct response to feedback from policymakers and other stakeholders, NextEra Energy, Inc. (NYSE: NEE) and Dominion Energy, Inc. (NYSE: D) today announced a transformational Virginia benefits package as part of their proposed combination, designed to put customers first while positioning the Commonwealth as a global energy leader with long-term bill relief for residential customers, long-term affordability benefits, data center cost protections, accelerated clean energy deployment and thousands of new direct and indirect jobs in Richmond and across the Commonwealth.
The package is organized around the priorities Virginians have made clear: affordability, jobs and building more clean energy and battery storage faster to decrease reliance on expensive imports. It puts customers first by proposing four years of residential bill credits, delivering long-term affordability benefits, expanding low-income financial assistance and ensuring data centers pay their fair share. At the same time, it would position Virginia as a global energy leader, with a major new NextEra Energy presence in Richmond, significant new jobs across Virginia, a stronger local supply chain and national-scale energy innovation anchored in the Commonwealth.
"This is a Virginia-first package, and it starts with customers," said John Ketchum, chairman, president and CEO of NextEra Energy. "We are proposing to double residential bill relief from two years to four years, along with expanded low-income financial assistance and long-term affordability benefits. We are also reaffirming our support for the State Corporation Commission, Governor and General Assembly's efforts to protect residential and small business customers from costs associated with serving data centers. Just as important, this package would help Virginia build more of the clean energy and infrastructure it needs faster, so the Commonwealth can reduce its reliance on expensive imported power. And it would do that while positioning Virginia as a major energy leader, bringing NextEra Energy jobs, good-paying supplier jobs, workforce investment, economic development and national-scale energy technology and innovation to Virginia. This is the kind of customer-focused, job-creating package this combination makes possible."
"Dominion Energy Virginia will remain locally led, separately regulated and accountable to the State Corporation Commission," said Robert Blue, chair, president and CEO of Dominion Energy. "The same local teams, led by Ed Baine, that customers know and trust will continue serving the Commonwealth. This package builds on that foundation by adding NextEra Energy's scale, capital and capabilities to help support Virginia's growth while keeping customers, reliability and affordability at the center of everything we do. It brings new jobs, maintains our existing Virginia employee headcount levels for five years and positions the Commonwealth to become a global energy leader. The benefits to our customers and the Commonwealth from this combination are things we cannot deliver on our own."
Putting customers first
Under the expanded package, the companies would seek to double residential bill relief, extending $10 per month in bill credits from the previously proposed two years to four years, by working with the State Corporation Commission (SCC) to redirect the portion of credits that would otherwise go to large-scale data centers toward additional relief for residential customers and increasing the aggregate shareholder-funded Virginia customer credit amount.
The companies would also expand low-income financial assistance by increasing EnergyShare, Dominion Energy's shareholder-funded energy bill assistance program, by $100 million through 2038 and reaffirm their existing commitment to hold customers harmless from all merger costs. Customers will not pay one cent for this combination.
The companies said the package would support long-term affordability by using the combined company's scale to buy, build, finance and operate more efficiently over time, with future base rates continuing to be set by the SCC once every two years. When combined with the credits, customers are receiving long-term affordability benefits that a standalone Dominion Energy cannot offer.
The benefits of scale
The long-term customer benefits in the expanded package are grounded in NextEra Energy's operating track record and scale advantages that have translated into lower costs and stronger outcomes for customers over time. The ability to buy, build, operate and finance more efficiently helps drive affordability over the long term.
Since 2006, NextEra Energy's utility subsidiary, Florida Power & Light Company (FPL), has increased customer accounts by more than 36% and generation capacity by more than 60%, while improving reliability by more than 40% and lowering bills by 20% in real dollars. Today, FPL's non-fuel operations and maintenance expense is more than 70% below the national average, its typical residential bills are 37% below the national average, and its reliability is more than 60% better than the national average, all while making investments in affordable generation to keep pace with increasing electric demand in the 14th largest economy in the world.
While Dominion Energy Virginia would remain locally led, separately regulated and accountable to the SCC, those same scale advantages and operating efficiencies are some of the core long-term benefits NextEra Energy would bring to Virginia.
Ensuring data centers pay their fair share
NextEra Energy and Dominion Energy also reaffirmed their support for the efforts of the SCC, General Assembly and Governor to protect residential and small business customers from costs associated with serving data centers.
The companies said that principle is consistent with Dominion Energy's GS-5 rate class, FPL's large-load tariff (which is one of the most protective in the nation), both companies' support for the Ratepayer Protection Pledge and Virginia's recently passed legislation, which reinforces that data centers should pay their fair share.
Building more clean energy and infrastructure faster
The expanded package would help accelerate the buildout of Virginia generation, including solar, storage, dispatchable resources and nuclear, while leveraging the combined company's existing Virginia assets, like the Virginia City Hybrid Energy Center, to support reliability as the Commonwealth builds the next generation of energy infrastructure.
The companies would also leverage their combined experience, supply chain, construction platform and scale to accelerate renewable energy and storage development in accordance with the Virginia Clean Economy Act.
"Virginia should not have to choose between affordability, reliability and clean energy," Blue said. "The answer is to build affordably, build faster and build in a way that protects customers."
Making Virginia a global energy leader
The expanded package would position Virginia, anchored by Richmond and connected to communities across the Commonwealth, as a major center for the future of energy.
NextEra Energy would maintain current employee headcount levels in Virginia for five years, add 600 new NextEra Energy jobs in Virginia and work with suppliers who are expected to bring 400 additional jobs to the Commonwealth. NextEra Energy also would build, at its shareholders' expense, a new NextEra Energy office tower in Richmond beside the existing Dominion Energy headquarters building as a part of the combined company's co-headquarters to accommodate the new jobs as well as existing Dominion Energy jobs and future growth.
The new Richmond presence would support work in renewable energy development and supply chain management, battery storage operations, nuclear and small modular reactor innovation, enterprise technology and cybersecurity, among others.
The companies also would host an annual global energy summit in Virginia, bringing chief executives, investors and policymakers to focus on innovation, technology and the energy infrastructure required to power economic growth.
"Virginia already leads in technology and defense," Ketchum said. "With this combination, Virginia can also lead in energy."
Investing in Virginia workers and suppliers
The companies would contribute $100 million to directly support workforce development in Virginia. The investment would include working with union partners to support career development, hands-on training and apprenticeships and establish a newly created independent organization to operate a workforce development fund for Virginia, governed by a board drawn from the Commonwealth's trade schools, colleges, universities, technical colleges and community colleges, directed at training Virginians for the jobs this global leadership opportunity would create.
The companies would establish up to a $1 billion annual, five-year Virginia Supplier Program through spending commitments that support cost-competitive contractors, suppliers and service providers doing business in Virginia. They would use the combined company's purchasing scale to bring suppliers, vendors and engineering and construction partners into the state, expand the role of the Port of Virginia in the energy supply chain and hire local firms and workers to help build the new NextEra Energy office tower. Already, more than nine other companies intend to establish or expand their presence in Virginia if the combination is approved, bringing additional investment and good-paying jobs to the Commonwealth.
Keeping Dominion Energy Virginia local
The expanded package builds on existing commitments to maintain dual headquarters in Richmond and Juno Beach, preserve Dominion Energy Virginia's local leadership, workforce, oversight and energy mix, maintain the Virginia-based board of directors for Dominion Energy Virginia just as it is today and keep Dominion Energy Virginia locally led, separately regulated and accountable to the SCC.
Dominion Energy Virginia would retain its name. Ed Baine would continue to lead Dominion Energy Virginia. Dominion Energy Virginia's president would remain a Virginia resident. Bob Blue would lead all NextEra Energy regulated utilities. NextEra Energy's CEO would maintain a Virginia residence.
The companies also reaffirmed their commitment to enhanced Virginia storm response and mutual aid, with absolutely no Virginia funding for Florida storm restoration.
Building something greater together
"This package answers the central question before Virginia: how do we keep bills affordable, protect customers, create jobs and build the energy infrastructure the Commonwealth needs to grow while driving energy independence?" Ketchum said. "The answer is a stronger Dominion Energy Virginia, still local, still regulated in Virginia, with the scale, low-cost platform and capabilities of NextEra Energy behind it."
Blue added, "This combination is about building something greater together for Virginia: stronger customer benefits, more jobs, more clean energy, more local investment and a utility that remains focused on the customers and communities it serves."
Regulatory review and approvals
The proposed combination remains subject to required regulatory approvals, the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, and other customary closing conditions. The companies today submitted additional information regarding this enhanced Virginia benefits package to the SCC.
These commitments are contingent upon approval and closing of the proposed combination. In the event of any inconsistency, the commitments contained in the companies' regulatory filings, as approved by the applicable regulatory authorities, will govern.
The companies continue to expect the transaction to close in the second half of 2027.
Additional information
For more information about the proposed combination, including a presentation detailing the companies' commitments and benefits for customers and the Commonwealth, please visit DominionNextEraFuture.com.
About NextEra Energy
NextEra Energy, Inc. (NYSE: NEE) is the largest electric power and energy infrastructure company in North America and is a leading provider of electricity to American homes and businesses. Headquartered in Juno Beach, Florida, NextEra Energy is a Fortune 200 company that owns Florida Power & Light Company, America's largest electric utility, which provides reliable electricity to approximately 12 million people across Florida. NextEra Energy also owns the largest energy infrastructure development company in the U.S., NextEra Energy Resources, LLC. NextEra Energy and its affiliated entities are meeting America's growing energy needs with a diverse mix of energy sources, including natural gas, nuclear, renewable energy and battery storage. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com.
About Dominion Energy
Dominion Energy, Inc. (NYSE: D), headquartered in Richmond, Virginia, provides electricity service to 3.6 million homes and businesses in Virginia and the Carolinas and natural gas service to 500,000 customers in South Carolina. For more information, visit www.DominionEnergy.com.
Forward-Looking Statements
This news release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included or incorporated by reference in this news release, including, among other things, statements regarding the proposed business combination transaction between NextEra Energy, Inc. (NextEra Energy) and Dominion Energy, Inc. (Dominion Energy) and future events, plans and anticipated results of operations, business strategies, the anticipated benefits of the proposed transactions, the anticipated impact of the proposed transactions on the combined company's business and future financial and operating results, the anticipated closing date for the proposed transactions and other aspects of NextEra Energy's or Dominion Energy's operations or operating results, are forward-looking statements. Words and phrases such as "ambition," "anticipate," "estimate," "believe," "budget," "continue," "could," "intend," "may," "plan," "potential," "predict," "seek," "should," "will," "would," "expect," "objective," "projection," "forecast," "goal," "guidance," "outlook," "effort," "target," the negative of such terms or other variations thereof and words and terms of similar substance used in connection with any discussion of future plans, actions or events can be used to identify forward-looking statements. Where, in any forward-looking statement, NextEra Energy or Dominion Energy expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. Any forward-looking statement is not a guarantee of future performance, outcomes or results and is subject to numerous risks, uncertainties and other factors, many of which are beyond NextEra Energy's or Dominion Energy's control, that could cause actual performance, outcomes or results to differ materially from what is expressed or implied in the forward-looking statement.
These factors include a failure by NextEra Energy to successfully integrate Dominion Energy's businesses and technologies, which may result in the combined company not operating as effectively and efficiently as expected; the risk that the expected benefits of the proposed transactions may not be fully realized or may take longer to realize than expected; each party's ability to consummate the proposed transactions and the timing of the closing of the proposed transactions, including the risk that the conditions to closing are not satisfied on a timely basis or at all or the failure of the transactions to close for any other reason or to close on the anticipated terms, including with the anticipated tax treatment; the risk that any governmental or regulatory approval, consent or authorization that may be required for the proposed transactions is not obtained, is delayed or is obtained subject to conditions that are not anticipated or that cause the termination of the merger agreement and abandonment of the transactions; the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement by either party; the risk that certain provisions in the merger agreement or the pendency of the transactions may impact either party's ability to pursue certain business opportunities or strategic transactions; unanticipated difficulties, liabilities or expenditures relating to the transactions, including the impact of potential litigation relating to the transactions; the effect of the announcement, pendency or completion of the proposed transactions on the parties' business relationships and business operations generally, including the parties' relationship with regulators, suppliers, vendors and customers; the effect of the announcement or pendency of the proposed transactions on the parties' common stock prices and uncertainty as to the long-term value of either party's common stock; risks that the proposed transactions disrupt either party's current plans and operations, including due to the diversion of the attention of management from ordinary course business operations, and potential difficulties in hiring or retaining employees as a result of the proposed transactions; any rating agency actions; the impact of the announcement or pendency of the proposed transactions on either party's ability to access capital, including the short- and long-term debt markets, on a timely and affordable basis; general worldwide economic conditions and related uncertainties; the effect and timing of changes in laws or in governmental regulations (including environmental); fluctuations in trading prices of securities of NextEra Energy and in the financial results of NextEra Energy or Dominion Energy; and the timing and extent of changes in interest rates, commodity prices and demand and market prices for electricity or gas. The definitive proxy statement/prospectus filed by Dominion Energy with the Securities and Exchange Commission (SEC) on July 28, 2026 (available at https://www.sec.gov/Archives/edgar/data/715957/000110465926087585/tm2621467-2_defm14a.htm) describes additional risks relating to the proposed transactions and combined company. While the list of factors presented here and the list of factors presented in Dominion Energy's definitive proxy statement/prospectus are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. For additional information about other factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer to NextEra Energy's and Dominion Energy's respective periodic reports and other filings with the SEC, including the risk factors contained in NextEra Energy's and Dominion Energy's most recently filed Annual Reports on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q.
Any forward-looking statements included in this news release represent current expectations and are inherently uncertain and are made only as of the date hereof (or, if applicable, the dates indicated in such statement). Except as required by law, neither NextEra Energy nor Dominion Energy undertakes or assumes any obligation to update any forward-looking statements, whether as a result of new information or to reflect subsequent events or circumstances or otherwise.
No Offer or Solicitation
This news release is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Additional Information about the Transactions and Where to Find It
In connection with the pending transactions, NextEra Energy has filed with the SEC the Registration Statement, which includes a joint proxy statement of NextEra Energy and Dominion Energy that also constitutes a prospectus of NextEra Energy. The Registration Statement was declared effective by the SEC on July 23, 2026, and NextEra filed a definitive joint proxy statement/prospectus with the SEC on July 28, 2026. Each of NextEra Energy and Dominion Energy may also file other relevant documents with the SEC regarding the pending transactions. This news release is not a substitute for the Registration Statement or the definitive joint proxy statement/prospectus or any other document that NextEra Energy or Dominion Energy may file with the SEC. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT, THE DEFINITIVE JOINT PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY AS THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT NEXTERA ENERGY, DOMINION ENERGY, THE PENDING TRANSACTIONS AND RELATED MATTERS.
Investors and security holders may obtain free copies of the Registration Statement, the definitive joint proxy statement/prospectus and other documents containing important information about NextEra Energy, Dominion Energy and the pending transactions filed or that will be filed with the SEC through the website maintained by the SEC at www.sec.gov. Copies of the documents filed with the SEC by NextEra Energy are available free of charge on NextEra Energy's website at http://www.investor.nexteraenergy.com/ or by contacting NextEra Energy's Investor Relations Department by email at [email protected] or by phone at (800) 222-4511. Copies of the documents filed with the SEC by Dominion Energy are available free of charge on Dominion Energy's website at http://investors.dominionenergy.com or by contacting Dominion Energy's Investor Relations Department by email at [email protected] or by phone at (804) 819-2438.
SOURCE NextEra Energy, Inc.; Dominion Energy, Inc.
, /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced that members of its senior management team will participate in various investor meetings throughout September and in early October to discuss, among other things, long-term growth-rate expectations for NextEra Energy and the combined company following the proposed combination with Dominion Energy (NYSE: D).
NextEra Energy continues to expect 2026 adjusted earnings per share to be in the range of $3.92 to $4.02 and is targeting the high end of that range. NextEra Energy also continues to expect a compound annual growth rate in adjusted earnings per share of 8%+ annually through 2032 and is targeting the same from 2032 through 2035, all off the 2025 base of $3.71 adjusted earnings per share. NextEra Energy also continues to expect to grow its dividends per share at a roughly 10% rate per year through 2026, off a 2024 base, and 6% per year from year-end 2026 through 2028.
NextEra Energy continues to expect the proposed combination with Dominion Energy will be immediately accretive to adjusted earnings per share at closing, which is expected to occur in the second half of 2027. The combined company is expected to deliver 9%+ adjusted earnings per share growth through 2032 and is targeting the same growth through 2035, all off the 2025 base of $3.71 adjusted earnings per share.
Investors and other interested parties can access a copy of the most recent presentation materials at www.NextEraEnergy.com/investors.
NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE: NEE) is the largest electric power and energy infrastructure company in North America and is a leading provider of electricity to American homes and businesses. Headquartered in Juno Beach, Florida, NextEra Energy is a Fortune 200 company that owns Florida Power & Light Company, America's largest electric utility, which provides reliable electricity to approximately 12 million people across Florida. NextEra Energy also owns the largest energy infrastructure development company in the U.S., NextEra Energy Resources, LLC. NextEra Energy and its affiliated entities are meeting America's growing energy needs with a diverse mix of energy sources, including natural gas, nuclear, renewable energy and battery storage. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com.
Cautionary Statements and Risk Factors That May Affect Future Results
This news release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included or incorporated by reference in this news release, including, among other things, statements regarding the proposed business combination transaction between NextEra Energy, Inc. (NextEra Energy) and Dominion Energy, Inc. (Dominion Energy) and future events, plans and anticipated results of operations, business strategies, the anticipated benefits of the proposed transactions, the anticipated impact of the proposed transactions on the combined company's business and future financial and operating results, the anticipated closing date for the proposed transactions and other aspects of NextEra Energy's or Dominion Energy's operations or operating results, are forward-looking statements. Words and phrases such as "ambition," "anticipate," "estimate," "believe," "budget," "continue," "could," "intend," "may," "plan," "potential," "predict," "seek," "should," "will," "would," "expect," "objective," "projection," "forecast," "goal," "guidance," "outlook," "effort," "target," the negative of such terms or other variations thereof and words and terms of similar substance used in connection with any discussion of future plans, actions or events can be used to identify forward-looking statements. Where, in any forward-looking statement, NextEra Energy or Dominion Energy expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. Any forward-looking statement is not a guarantee of future performance, outcomes or results and is subject to numerous risks, uncertainties and other factors, many of which are beyond NextEra Energy's or Dominion Energy's control, that could cause actual performance, outcomes or results to differ materially from what is expressed or implied in the forward-looking statement.
These factors include a failure by NextEra Energy to successfully integrate Dominion Energy's businesses and technologies, which may result in the combined company not operating as effectively and efficiently as expected; the risk that the expected benefits of the proposed transactions may not be fully realized or may take longer to realize than expected; each party's ability to consummate the proposed transactions and the timing of the closing of the proposed transactions, including the risk that the conditions to closing are not satisfied on a timely basis or at all or the failure of the transactions to close for any other reason or to close on the anticipated terms, including with the anticipated tax treatment; the risk that any governmental or regulatory approval, consent or authorization that may be required for the proposed transactions is not obtained, is delayed or is obtained subject to conditions that are not anticipated or that cause the termination of the merger agreement and abandonment of the transactions; the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement by either party; the risk that certain provisions in the merger agreement or the pendency of the transactions may impact either party's ability to pursue certain business opportunities or strategic transactions; unanticipated difficulties, liabilities or expenditures relating to the transactions, including the impact of potential litigation relating to the transactions; the effect of the announcement, pendency or completion of the proposed transactions on the parties' business relationships and business operations generally, including the parties' relationship with regulators, suppliers, vendors and customers; the effect of the announcement or pendency of the proposed transactions on the parties' common stock prices and uncertainty as to the long-term value of either party's common stock; risks that the proposed transactions disrupt either party's current plans and operations, including due to the diversion of the attention of management from ordinary course business operations, and potential difficulties in hiring or retaining employees as a result of the proposed transactions; any rating agency actions; the impact of the announcement or pendency of the proposed transactions on either party's ability to access capital, including the short- and long-term debt markets, on a timely and affordable basis; general worldwide economic conditions and related uncertainties; the effect and timing of changes in laws or in governmental regulations (including environmental); fluctuations in trading prices of securities of NextEra Energy and in the financial results of NextEra Energy or Dominion Energy; and the timing and extent of changes in interest rates, commodity prices and demand and market prices for electricity or gas. The definitive proxy statement/prospectus filed by Dominion Energy with the Securities and Exchange Commission (SEC) on July 28, 2026 (available at https://www.sec.gov/Archives/edgar/data/715957/000110465926087585/tm2621467-2_defm14a.htm) describes additional risks relating to the proposed transactions and combined company. While the list of factors presented here and the list of factors presented in Dominion Energy's definitive proxy statement/prospectus are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. For additional information about other factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer to NextEra Energy's and Dominion Energy's respective periodic reports and other filings with the SEC, including the risk factors contained in NextEra Energy's and Dominion Energy's most recently filed Annual Reports on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q.
Any forward-looking statements included in this news release represent current expectations and are inherently uncertain and are made only as of the date hereof (or, if applicable, the dates indicated in such statement). Except as required by law, neither NextEra Energy nor Dominion Energy undertakes or assumes any obligation to update any forward-looking statements, whether as a result of new information or to reflect subsequent events or circumstances or otherwise.
No Offer or Solicitation
This news release is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Additional Information about the Transactions and Where to Find It
In connection with the pending transactions, NextEra Energy has filed with the SEC the Registration Statement, which includes a joint proxy statement of NextEra Energy and Dominion Energy that also constitutes a prospectus of NextEra Energy. The Registration Statement was declared effective by the SEC on July 23, 2026, and NextEra filed a definitive joint proxy statement/prospectus with the SEC on July 28, 2026. Each of NextEra Energy and Dominion Energy may also file other relevant documents with the SEC regarding the pending transactions. This news release is not a substitute for the Registration Statement or the definitive joint proxy statement/prospectus or any other document that NextEra Energy or Dominion Energy may file with the SEC. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT, THE DEFINITIVE JOINT PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY AS THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT NEXTERA ENERGY, DOMINION ENERGY, THE PENDING TRANSACTIONS AND RELATED MATTERS.
Investors and security holders may obtain free copies of the Registration Statement, the definitive joint proxy statement/prospectus and other documents containing important information about NextEra Energy, Dominion Energy and the pending transactions filed or that will be filed with the SEC through the website maintained by the SEC at www.sec.gov. Copies of the documents filed with the SEC by NextEra Energy are available free of charge on NextEra Energy's website at http://www.investor.nexteraenergy.com/ or by contacting NextEra Energy's Investor Relations Department by email at [email protected] or by phone at (800) 222-4511. Copies of the documents filed with the SEC by Dominion Energy are available free of charge on Dominion Energy's website at http://investors.dominionenergy.com or by contacting Dominion Energy's Investor Relations Department by email at [email protected] or by phone at (804) 819-2438.
NextEra Energy and Dominion Energy have proposed an expanded state benefits package to regulators as they look to secure approval for their $67 billion merger.
Amundi trimmed its position in Dominion Energy Inc. (NYSE:D – Free Report) by 25.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,903,209 shares of the utilities provider’s stock after selling 646,458 shares during the quarter. Amundi owned about 0.22% of Dominion Energy worth $129,970,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of D. Motiv8 Investments LLC purchased a new stake in shares of Dominion Energy in the 4th quarter valued at $25,000. Blueline Advisors LLC purchased a new stake in Dominion Energy in the fourth quarter valued at $28,000. Triumph Capital Management acquired a new stake in Dominion Energy during the 3rd quarter worth about $28,000. Advocate Investing Services LLC acquired a new stake in Dominion Energy during the 4th quarter worth about $29,000. Finally, JPL Wealth Management LLC purchased a new position in shares of Dominion Energy during the 3rd quarter valued at about $30,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.
Dominion Energy Price Performance NYSE:D opened at $65.16 on Thursday. The stock has a market capitalization of $57.31 billion, a PE ratio of 22.70, a price-to-earnings-growth ratio of 3.09 and a beta of 0.64. Dominion Energy Inc. has a 52 week low of $55.85 and a 52 week high of $72.99. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.43. The stock’s 50-day moving average price is $68.59 and its 200-day moving average price is $65.85.
Dominion Energy (NYSE:D – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The company had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.Dominion Energy’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts expect that Dominion Energy Inc. will post 3.57 EPS for the current fiscal year. Dominion Energy Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be paid a $0.6675 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a yield of 4.1%. Dominion Energy’s dividend payout ratio (DPR) is currently 93.03%.
Wall Street Analysts Forecast Growth A number of analysts have recently commented on D shares. TD Cowen upgraded Dominion Energy from a “hold” rating to a “buy” rating and upped their target price for the stock from $69.00 to $80.00 in a research note on Wednesday, August 19th. UBS Group set a $80.00 price target on Dominion Energy in a research report on Wednesday, August 19th. Morgan Stanley decreased their price target on Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating for the company in a report on Friday, August 21st. BMO Capital Markets upped their price objective on Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 22nd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Dominion Energy in a research note on Wednesday, August 19th. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Dominion Energy has an average rating of “Hold” and an average target price of $69.93.
View Our Latest Stock Report on D
Dominion Energy News Roundup Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: Shareholders approved the Dominion–NextEra merger. Dominion and NextEra shareholders overwhelmingly backed the transaction, clearing a major corporate hurdle. The combination is expected to create the world’s largest regulated electric utility by market capitalization and could provide greater scale and operating efficiencies. SC utility buyout cleared by Dominion and NextEra shareholders Neutral Sentiment: The merger still faces a lengthy regulatory review. Although shareholder approval removes a significant obstacle, state and federal regulators must assess the transaction. Reports indicate that regulators may focus on how the deal affects utility rates, competition and reliability, limiting the near-term certainty of the proposed combination. Shareholder backing for merger, regulatory questions remain Neutral Sentiment: Dominion will lower Lake Murray’s water level this fall. The drawdown is expected to continue into 2027, with the company warning boaters about reduced water levels. The move appears operational and seasonal rather than a material change to Dominion’s earnings outlook, but it could generate local attention and customer concerns. Dominion to lower Lake Murray levels Negative Sentiment: Potential energy-cost increases are creating public opposition to the merger. Residents and stakeholders have raised concerns that the Dominion–NextEra combination could lead to higher energy bills. Such concerns may increase political and regulatory scrutiny and raise the risk of conditions, delays or concessions before approval. Energy costs a concern as merger is considered Negative Sentiment: Analyst sentiment remains cautious. Coverage noted that Dominion has outperformed the broader utility sector over the past year, but analysts remain wary about its valuation and future prospects. The stock’s latest decline was also larger than the general market’s, suggesting investors are focusing on merger risks and limited near-term catalysts. Dominion Energy suffers a larger drop than the general market (Free Report)
Dominion Energy, Inc is a regulated energy company headquartered in Richmond, Virginia. Through its utility operations, the company generates, transmits and distributes electricity and provides natural gas service to residential, commercial and industrial customers, primarily in Virginia and South Carolina.
The company’s electric generation portfolio includes nuclear, natural gas, renewable energy and hydroelectric resources. Dominion Energy also operates electric transmission and distribution networks, natural gas distribution systems and related energy infrastructure.
Further Reading Five stocks we like better than Dominion Energy Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer Sovereign AI: Palantir and Nebius Cut the Cloud Cord Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
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In the latest close session, Dominion Energy (D - Free Report) was down 1.69% at $65.10. This move lagged the S&P 500's daily loss of 0.48%. Elsewhere, the Dow lost 0.77%, while the tech-heavy Nasdaq lost 0.64%.
Shares of the energy company witnessed a loss of 2.76% over the previous month, trailing the performance of the Utilities sector with its loss of 1.17%, and the S&P 500's loss of 0.97%.
Analysts and investors alike will be keeping a close eye on the performance of Dominion Energy in its upcoming earnings disclosure. In that report, analysts expect Dominion Energy to post earnings of $1.19 per share. This would mark year-over-year growth of 12.26%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.95 billion, up 9.24% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.57 per share and revenue of $18.36 billion. These totals would mark changes of +4.39% and +11.26%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Dominion Energy. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, Dominion Energy boasts a Zacks Rank of #3 (Hold).
Looking at valuation, Dominion Energy is presently trading at a Forward P/E ratio of 18.52. This indicates a premium in contrast to its industry's Forward P/E of 17.4.
It's also important to note that D currently trades at a PEG ratio of 3.09. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Utility - Electric Power industry had an average PEG ratio of 2.65.
The Utility - Electric Power industry is part of the Utilities sector. This industry currently has a Zacks Industry Rank of 168, which puts it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Compass Financial Management LLC purchased a new stake in Dominion Energy Inc. (NYSE:D – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 16,692 shares of the utilities provider’s stock, valued at approximately $1,141,000.
A number of other institutional investors also recently modified their holdings of the company. Motiv8 Investments LLC acquired a new stake in Dominion Energy in the 4th quarter valued at approximately $25,000. Triumph Capital Management bought a new stake in Dominion Energy in the 3rd quarter valued at approximately $28,000. Frazier Financial Advisors LLC acquired a new position in Dominion Energy during the 2nd quarter worth approximately $31,000. Beacon Financial Strategies CORP grew its stake in shares of Dominion Energy by 269.2% during the 2nd quarter. Beacon Financial Strategies CORP now owns 480 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 350 shares in the last quarter. Finally, Blueline Advisors LLC bought a new position in shares of Dominion Energy during the 4th quarter worth approximately $28,000. 73.04% of the stock is currently owned by institutional investors.
Key Stories Impacting Dominion Energy Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: Dominion shareholders approved the proposed $66.8 billion all-stock merger with NextEra Energy by an overwhelming margin, with approximately 671.3 million votes in favor. The approval removes a major transaction hurdle and supports the companies’ expected long-term strategic combination. Dominion Energy secures shareholder approval for merger with NextEra Neutral Sentiment: A Virginia panel backed a Dominion gas plant that could improve generation capacity and reliability, but the project may add a long-term charge to customers’ electric bills. The potential infrastructure benefit is therefore balanced by affordability concerns. Virginia panel backs Dominion gas plant Negative Sentiment: Arlington County plans to intervene in the merger review, citing rising electric bills and seeking greater scrutiny of the transaction. Other advocacy groups and Virginia officials are also requesting answers about how the merger could affect rates, increasing the risk of delays or additional conditions. Arlington to intervene in Dominion-NextEra merger Negative Sentiment: Dominion Power proposed a rate increase to recover approximately $922 million in fuel costs. Higher customer bills, repeated outage complaints and opposition to new transmission land acquisitions could intensify political and regulatory pressure on the utility. Dominion Power proposes price hike Dominion Energy Stock Performance Shares of D opened at $65.72 on Monday. The firm has a 50-day moving average of $68.76 and a 200-day moving average of $65.83. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The company has a market cap of $57.80 billion, a PE ratio of 22.90, a price-to-earnings-growth ratio of 3.07 and a beta of 0.64. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. Dominion Energy (NYSE:D – Get Free Report) last released its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The company had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. During the same period in the previous year, the business earned $0.75 EPS. Dominion Energy’s revenue for the quarter was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts forecast that Dominion Energy Inc. will post 3.57 earnings per share for the current year.
Dominion Energy Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be paid a $0.6675 dividend. The ex-dividend date is Friday, September 4th. This represents a $2.67 annualized dividend and a yield of 4.1%. Dominion Energy’s dividend payout ratio is currently 93.03%.
Analysts Set New Price Targets D has been the topic of a number of research reports. Royal Bank Of Canada boosted their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. Morgan Stanley decreased their target price on shares of Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating for the company in a research report on Friday, August 21st. Mizuho lifted their price target on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Seaport Research Partners cut shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Wells Fargo & Company increased their price objective on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Five analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $69.93.
Read Our Latest Analysis on Dominion Energy
Dominion Energy Company Profile (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
Further Reading Five stocks we like better than Dominion Energy AI Token Costs Are Changing the Hardware vs. Software Debate 3 ETFs That Could Move as Rate Expectations Shift 3 Stocks With September Catalysts Investors Shouldn’t Ignore Ollie’s Bargain Outlet Stock Falls on Weak Comps Despite Margin Gains Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
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Key Takeaways D-Wave Quantum's Q2 revenues held at $3.1M, while commercial customers accounted for 62.4% of sales.QCaaS subscription revenues rose 50% to $1.9M, while first-half bookings surged 1,120%. Remaining performance obligations jumped 668% to $40.7M, with 57% expected within 12 months. D-Wave Quantum Inc. (QBTS - Free Report) is showing improving commercial momentum despite second-quarter 2026 revenues remaining essentially flat at $3.1 million. Commercial customers represented 62.4% of second-quarter revenues versus 45.1% a year earlier. QCaaS subscription revenues rose 50% to $1.9 million, while first-half bookings surged 1,120%, including a $20 million annealing system sale to Florida Atlantic University.
Revenue visibility also strengthened, with remaining performance obligations rising 668% to $40.7 million. About 57% of this backlog is expected to be recognized within the next 12 months. Commercial enterprises accounted for 62.4% of second-quarter revenues versus 45.1% a year earlier. Production applications accounted for 37.3% of first-half QCaaS revenues versus 9.8% in the prior-year period.
D-Wave is also advancing its gate-model roadmap, with a 17-qubit dual-rail system targeted for year-end and longer-term milestones aimed at achieving fault-tolerant computing. Together, rising bookings, backlog and production adoption provide a stronger pathway from quantum research to broader commercial applications.
Peer UpdateQuantum Computing (QUBT - Free Report) or QCi’s second-quarter 2026 revenues climbed to $5.6 million from $61,000 a year earlier and $3.7 million in the first quarter, with all business units contributing.
QCi also sold, delivered and installed its DIRAC-3 quantum optimization system at a global consulting firm, while its NeuraWave platform reached deployment readiness. In addition, a framework agreement with Planck Dynamics provides for the potential deployment of multiple dozens of systems as customer milestones are achieved.
Rigetti’s (RGTI - Free Report) second-quarter results reinforced its execution-focused investment case, as revenues rose 185% year over year to $5.1 million, driven by on-premises Novera QPU sales. The company also advanced its 108-qubit Cepheus-1 platform, reaffirmed its chiplet-based roadmap toward 1,000 qubits, and secured a letter of intent from the U.S. Department of Commerce for up to $100 million in potential CHIPS Act funding.
QBTS’ Price PerformanceOver the past year, QBTS’ shares have risen 10.9%, far outpacing the broader Internet Software industry’s 12.6% decline.
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QBTS’ Expensive ValuationQBTS currently trades at a forward 12-month Price-to-Sales (P/S) of 90.60X compared with the industry average of 3.97X.
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QBTS Stock Estimate TrendIn the past 30 days, the company’s loss per share estimate for 2026 has moved south to 29 cents.
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QBTS stock currently has a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Electric power transmission pylon miniatures and Dominion Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
CompaniesSept 3 (Reuters) - Dominion Energy (D.N), opens new tab said in a regulatory filing on Thursday that its shareholders approved the utility's previously announced $66.8 billion merger with NextEra Energy (NEE.N), opens new tab at a special meeting, with 671.32 million votes cast in favor of the deal.
The companies had announced their plan to merge in May, which is expected to create one of the world's largest electric utilities during an expansion of energy-intensive data centers to support artificial intelligence.
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Virginia-based Dominion serves the largest concentration of data centers globally.
A resurgence in electricity demand and the growing electrification of transportation and other industries has sparked a wave of major utility mergers in recent years after nearly two decades of stagnant power consumption.
The deal, which is pending regulatory approvals, will create the third-biggest U.S. energy company, behind oil majors Exxon Mobil (XOM.N), opens new tab and Chevron (CVX.N), opens new tab, and an entity with an enterprise value topping the next two largest U.S. power companies combined.
Virginia Governor Abigail Spanberger said in August she would intervene in the regulatory review of NextEra's merger with Dominion, pressing for commitments on electric bill affordability, job protections and clean energy investments.
The governor said she would formally become a party to the case before the Virginia State Corporation Commission, giving her access to filings and the ability to raise questions and concerns about the transaction.
While Maine Governor Janet Mills also said in the same month that the deal would give NextEra excessive control over New England energy assets, limit competition and make it harder to lower energy costs.
A Maine legislation in April had imposed a moratorium on new data centers as concerns grew over their impact on power bills and the environment.
Reporting by Pooja Menon in Bengaluru; Editing by Shailesh Kuber
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Dominion Energy (NYSE:D – Get Free Report) and Consolidated Edison (NYSE:ED – Get Free Report) are both large-cap utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their dividends, earnings, valuation, risk, profitability, institutional ownership and analyst recommendations.
Analyst Recommendations This is a breakdown of recent recommendations and price targets for Dominion Energy and Consolidated Edison, as provided by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Dominion Energy 1 9 5 0 2.27 Consolidated Edison 6 6 3 0 1.80 Dominion Energy presently has a consensus price target of $69.93, suggesting a potential upside of 6.76%. Consolidated Edison has a consensus price target of $108.93, suggesting a potential upside of 1.43%. Given Dominion Energy’s stronger consensus rating and higher probable upside, research analysts plainly believe Dominion Energy is more favorable than Consolidated Edison.
Earnings and Valuation This table compares Dominion Energy and Consolidated Edison”s gross revenue, earnings per share (EPS) and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Dominion Energy $18.12 billion 3.18 $3.00 billion $2.87 22.82 Consolidated Edison $16.92 billion 2.35 $2.02 billion $6.09 17.64 Dominion Energy has higher revenue and earnings than Consolidated Edison. Consolidated Edison is trading at a lower price-to-earnings ratio than Dominion Energy, indicating that it is currently the more affordable of the two stocks.
Dividends Dominion Energy pays an annual dividend of $2.67 per share and has a dividend yield of 4.1%. Consolidated Edison pays an annual dividend of $3.55 per share and has a dividend yield of 3.3%. Dominion Energy pays out 93.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Consolidated Edison pays out 58.3% of its earnings in the form of a dividend. Consolidated Edison has raised its dividend for 52 consecutive years.
Institutional & Insider Ownership 73.0% of Dominion Energy shares are held by institutional investors. Comparatively, 66.3% of Consolidated Edison shares are held by institutional investors. 0.1% of Dominion Energy shares are held by insiders. Comparatively, 0.2% of Consolidated Edison shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Profitability This table compares Dominion Energy and Consolidated Edison’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Dominion Energy 13.98% 9.62% 2.64% Consolidated Edison 12.53% 8.44% 2.83% Volatility & Risk Dominion Energy has a beta of 0.65, suggesting that its stock price is 35% less volatile than the S&P 500. Comparatively, Consolidated Edison has a beta of 0.27, suggesting that its stock price is 73% less volatile than the S&P 500.
Summary Dominion Energy beats Consolidated Edison on 12 of the 17 factors compared between the two stocks.
(Get Free Report)
Dominion Energy, Inc. produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Dominion Energy South Carolina segment generates, transmits, and distributes electricity to approximately 0.8 million customers in the central, southern, and southwestern portions of South Carolina; and distributes natural gas to approximately 0.4 million residential, commercial, and industrial customers in South Carolina. The Contracted Energy segment is involved in the nonregulated long-term contracted renewable electric generation and renewable natural gas facility. As of December 31, 2023, the company's portfolio of assets included approximately 29.5 gigawatt of electric generating capacity; 10,600 miles of electric transmission lines; 79,300 miles of electric distribution lines; and 94,800 miles of gas distribution mains and related service facilities. The company was formerly known as Dominion Resources, Inc. Dominion Energy, Inc. was incorporated in 1983 and is headquartered in Richmond, Virginia.
About Consolidated Edison (Get Free Report)
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.7 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.2 million customers in southeastern New York. In addition, it operates 545 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 90,051 in-service line transformers; 3,788 pole miles of overhead distribution lines; and 2,314 miles of underground distribution lines, as well as 4,363 miles of mains and 380,870 service lines for natural gas distribution. Further, the company invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.
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Representative Raja Krishnamoorthi (D) says the Iran war is depleting key US munitions and pulling military assets from the Indo Pacific, potentially weakening deterrence against China as concerns over Taiwan grow. While on Bloomberg This Weekend, the Illinois Democrat also criticized the administration's trade fight with Canada and Venezuela oil policy while calling for more US assistance to Nepal following catastrophic flooding.
Allworth Financial LP purchased a new stake in Dominion Energy Inc. (NYSE:D – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 30,038 shares of the utilities provider’s stock, valued at approximately $2,051,000.
Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in shares of Dominion Energy by 64.3% in the fourth quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider’s stock valued at $489,000 after purchasing an additional 3,553 shares in the last quarter. Empowered Funds LLC boosted its position in Dominion Energy by 8.3% in the 1st quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider’s stock valued at $985,000 after buying an additional 1,344 shares during the period. Woodline Partners LP boosted its position in Dominion Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock valued at $3,979,000 after buying an additional 20,522 shares during the period. Intech Investment Management LLC grew its stake in shares of Dominion Energy by 71.2% in the first quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock worth $1,708,000 after acquiring an additional 12,663 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its position in shares of Dominion Energy by 9.5% during the second quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock worth $7,041,000 after acquiring an additional 10,775 shares during the period. 73.04% of the stock is currently owned by institutional investors and hedge funds.
Dominion Energy Stock Performance Shares of D opened at $66.64 on Friday. The company’s 50 day simple moving average is $69.22 and its 200-day simple moving average is $65.61. The firm has a market cap of $58.61 billion, a PE ratio of 23.22 and a beta of 0.65. Dominion Energy Inc. has a 12-month low of $55.85 and a 12-month high of $72.99. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43.
Dominion Energy (NYSE:D – Get Free Report) last released its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The firm had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.04 billion. During the same quarter in the prior year, the firm earned $0.75 EPS. Dominion Energy’s revenue for the quarter was up 17.6% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts predict that Dominion Energy Inc. will post 3.57 EPS for the current year. Dominion Energy Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be given a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy’s dividend payout ratio (DPR) is presently 93.03%.
Dominion Energy News Roundup Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: TD Cowen upgraded Dominion Energy, citing what it views as favorable odds for the NextEra transaction and additional upside potential. TD Cowen Just Upgraded Dominion Energy. Here’s Why. Positive Sentiment: Dominion said it expects to receive a refund related to tariffs imposed during the Trump administration. The reimbursement could provide a modest cash-flow benefit. Dominion says they’re getting a Trump Tariff refund Neutral Sentiment: Morgan Stanley lowered its Dominion price target from $71 to $68 and assigned an “equal weight” rating. The revised target still implies limited upside, but the reduction signals more cautious expectations. Morgan Stanley lowers Dominion Energy price target Neutral Sentiment: Analysts collectively maintain a “Hold” consensus rating, suggesting Wall Street sees a relatively balanced risk-reward profile. Dominion Energy receives consensus Hold rating Negative Sentiment: The proposed NextEra merger continues to face political and regulatory scrutiny. Virginia, Maine and Massachusetts officials have raised concerns about competition and potential increases in energy costs, while South Carolina regulators are examining the transaction timeline. These objections could delay approval, increase required concessions or reduce the deal’s expected benefits. Maine governor raises concerns about NextEra-Dominion merger Negative Sentiment: Local homeowners are opposing a Dominion power-line project, citing potentially significant costs and property impacts. The dispute adds reputational and permitting risk, although its direct financial effect remains unclear. Ashburn homeowners oppose Dominion power line Wall Street Analysts Forecast Growth Several analysts have recently issued reports on the company. Barclays reduced their price objective on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 23rd. UBS Group set a $80.00 price objective on shares of Dominion Energy in a research report on Wednesday. TD Cowen upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and boosted their target price for the stock from $69.00 to $80.00 in a research note on Wednesday. Morgan Stanley dropped their target price on Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating on the stock in a report on Friday. Finally, Mizuho upped their price objective on Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $69.93.
Check Out Our Latest Stock Analysis on D
Dominion Energy Company Profile (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
Recommended Stories Five stocks we like better than Dominion Energy Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates? Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
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Advisors Capital Management LLC acquired a new stake in Dominion Energy Inc. (NYSE:D – Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 10,014 shares of the utilities provider’s stock, valued at approximately $684,000.
Other large investors have also recently bought and sold shares of the company. Motiv8 Investments LLC purchased a new position in shares of Dominion Energy during the 4th quarter worth about $25,000. Triumph Capital Management acquired a new stake in shares of Dominion Energy during the 3rd quarter worth $28,000. Frazier Financial Advisors LLC acquired a new stake in shares of Dominion Energy during the 2nd quarter worth $31,000. Beacon Financial Strategies CORP raised its position in shares of Dominion Energy by 269.2% in the 2nd quarter. Beacon Financial Strategies CORP now owns 480 shares of the utilities provider’s stock worth $33,000 after buying an additional 350 shares during the period. Finally, Blueline Advisors LLC purchased a new position in shares of Dominion Energy in the 4th quarter worth about $28,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.
Dominion Energy News Roundup Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: TD Cowen upgraded Dominion Energy, citing what it views as favorable odds for the NextEra transaction and additional upside potential. TD Cowen Just Upgraded Dominion Energy. Here’s Why. Positive Sentiment: Dominion said it expects to receive a refund related to tariffs imposed during the Trump administration. The reimbursement could provide a modest cash-flow benefit. Dominion says they’re getting a Trump Tariff refund Neutral Sentiment: Morgan Stanley lowered its Dominion price target from $71 to $68 and assigned an “equal weight” rating. The revised target still implies limited upside, but the reduction signals more cautious expectations. Morgan Stanley lowers Dominion Energy price target Neutral Sentiment: Analysts collectively maintain a “Hold” consensus rating, suggesting Wall Street sees a relatively balanced risk-reward profile. Dominion Energy receives consensus Hold rating Negative Sentiment: The proposed NextEra merger continues to face political and regulatory scrutiny. Virginia, Maine and Massachusetts officials have raised concerns about competition and potential increases in energy costs, while South Carolina regulators are examining the transaction timeline. These objections could delay approval, increase required concessions or reduce the deal’s expected benefits. Maine governor raises concerns about NextEra-Dominion merger Negative Sentiment: Local homeowners are opposing a Dominion power-line project, citing potentially significant costs and property impacts. The dispute adds reputational and permitting risk, although its direct financial effect remains unclear. Ashburn homeowners oppose Dominion power line Dominion Energy Price Performance NYSE:D opened at $66.64 on Friday. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The company has a fifty day moving average price of $69.22 and a 200 day moving average price of $65.61. The stock has a market cap of $58.61 billion, a P/E ratio of 23.22 and a beta of 0.65. Dominion Energy (NYSE:D – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. The company had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.Dominion Energy’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Analysts anticipate that Dominion Energy Inc. will post 3.57 earnings per share for the current year.
Dominion Energy Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be paid a $0.6675 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. Dominion Energy’s payout ratio is currently 93.03%.
Wall Street Analyst Weigh In Several equities research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Royal Bank Of Canada upped their target price on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and increased their target price for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. Truist Financial reduced their price objective on Dominion Energy from $68.00 to $66.00 and set a “hold” rating on the stock in a research note on Thursday, August 13th. Finally, BMO Capital Markets boosted their target price on shares of Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a research note on Wednesday, July 22nd. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $69.93.
Check Out Our Latest Analysis on Dominion Energy
Dominion Energy Company Profile (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
Further Reading Five stocks we like better than Dominion Energy Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
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Altman Advisors Inc. acquired a new stake in shares of Dominion Energy Inc. (NYSE:D – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 26,019 shares of the utilities provider’s stock, valued at approximately $1,777,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the company. Vise Technologies Inc. purchased a new stake in Dominion Energy during the second quarter valued at about $3,031,000. E Fund Management Co. Ltd. acquired a new position in shares of Dominion Energy in the 2nd quarter valued at about $204,000. MSH Capital Advisors LLC acquired a new stake in Dominion Energy during the 2nd quarter worth approximately $286,000. MidAtlantic Capital Management Inc. purchased a new position in Dominion Energy in the second quarter valued at approximately $245,000. Finally, Frazier Financial Advisors LLC purchased a new position in Dominion Energy in the second quarter valued at approximately $31,000. 73.04% of the stock is currently owned by institutional investors and hedge funds.
Dominion Energy Stock Down 1.3% Shares of NYSE:D opened at $67.38 on Friday. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.43. Dominion Energy Inc. has a 52-week low of $55.85 and a 52-week high of $72.99. The company has a 50 day moving average of $69.24 and a two-hundred day moving average of $65.61. The company has a market capitalization of $59.26 billion, a price-to-earnings ratio of 23.48 and a beta of 0.65.
Dominion Energy (NYSE:D – Get Free Report) last posted its earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The business had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, analysts forecast that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year. Dominion Energy Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Friday, September 4th. Dominion Energy’s dividend payout ratio (DPR) is 93.03%.
Analyst Upgrades and Downgrades Several equities research analysts have issued reports on the stock. Mizuho boosted their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. Weiss Ratings raised shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 22nd. Seaport Research Partners lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Truist Financial decreased their price target on shares of Dominion Energy from $68.00 to $66.00 and set a “hold” rating for the company in a research report on Thursday, August 13th. Finally, TD Cowen upgraded Dominion Energy from a “hold” rating to a “buy” rating and increased their price target for the company from $69.00 to $80.00 in a report on Wednesday. Five analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $69.93.
Read Our Latest Analysis on Dominion Energy
Dominion Energy News Roundup Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: TD Cowen upgraded Dominion Energy, citing what it sees as favorable odds for the proposed merger and additional upside potential. The upgrade may support the stock by reinforcing expectations that the $67 billion transaction can proceed. TD Cowen Just Upgraded Dominion Energy. Here’s Why. Positive Sentiment: Dominion said it expects to receive a refund related to tariffs imposed during the Trump administration. The reimbursement could reduce project costs and provide a modest financial benefit, although the size and timing of the refund were not specified. Dominion says they’re getting a Trump Tariff refund Neutral Sentiment: The proposed Dominion-NextEra merger remains under review roughly three months after its announcement. The South Carolina timeline is receiving scrutiny, while the chair of Virginia’s State Corporation Commission said she will not recuse herself from the case. These developments keep the regulatory process active but do not resolve the approval outlook. Where the proposed $67B Dominion-NextEra merger stands Negative Sentiment: Governors in Virginia, Maine and Massachusetts have expressed skepticism or warned that the merger could reduce competition and increase energy costs. Regulators may therefore impose tougher conditions, delay approval or challenge the transaction, weakening the near-term investment case. Maine governor merger concerns Negative Sentiment: Ashburn homeowners say opposing a Dominion power-line project could cost them hundreds of thousands of dollars, highlighting ongoing local opposition and potential permitting or construction friction. Ashburn homeowners power-line dispute Dominion Energy Profile (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
Featured Articles Five stocks we like better than Dominion Energy 3 Energy Stocks Raising Dividends as the Sector Surges 5 Reasons the S&P 500 Could Keep Rallying Through Year-End Walmart’s Post-Earnings Drop Could Be a Buying Opportunity The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
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Dominion Energy Inc. (NYSE: D - Get Free Report) has received an average rating of "Hold" from the fifteen ratings firms that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and five have issued a buy recommendation on the company.
Electric power transmission pylon miniatures and Nextera Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
CompaniesAug 19 (Reuters) - Maine Governer Jannet Mills said on Wednesday NextEra Energy's (NEE.N), opens new tab proposed acquisition of Dominion Energy (D.N), opens new tab would give it excessive control over New England energy assets, limit competition and make it harder to lower energy costs.
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The "ill-advised proposal" will give NextEra sole control of several critical energy generating assets Mills said in a statement.
"This deal may be good for NextEra's shareholders, but it's a bad deal for Maine people,” she added.
The statement came after the New England States Committee on Electricity (NESCOE) — representing six New England states — sought "the highest level of scrutiny" of the proposal from the Federal Energy Regulatory Commission, the U.S. Department of Justice and other regulators.
Virginia Governor Abigail Spanberger in August said she would intervene in the regulatory review of NextEra's merger with Dominion to press for commitments on electric bill affordability, job protections and clean-energy investments.
The deal, if approved, will create the third-largest U.S. energy company — behind oil majors Exxon (XOM.N), opens new tab and Chevron (CVX.N), opens new tab — with its enterprise value topping the next two largest U.S. power companies combined.
An Maine legislation in April imposed a moratorium on new data centers as concerns grew over their impact on power bills and the environment.
Reporting by Katha Kalia in Bengaluru; Editing by Joyjeet Das
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Pre-Market Stock Futures: Futures are trading mixed as the same issues that weighed on Wall Street Monday returned Tuesday. Higher oil prices, the highest 10-year and 30-year yields since 2007, and growing concerns that the war in Iran could become another Middle East quagmire are weighing on futures. When the dust settled Tuesday, all major indices finished lower, with the Nasdaq leading the way, closing at 26,289, down 1.33%, and the Russell 2000 closed the day lower by 1.30% at 3,017. The S&P 500, which was busy setting new all-time highs last week, finished Tuesday at 7,691, down 0.69%, and the Dow Jones Industrial fared the best, closing at 53,343, down 0.22%.
Treasury Bonds: Fortunately, the highest yields on Treasury notes and bonds in almost 20 years finally got the attention of the fixed income complex as buyers turned out in full force Tuesday and yields fell across the curve. Inflation worries, while still present, have calmed, and a rate hike that looked like a lock for September may be off the table. The 30-year bond closed the session at 5.28%, while the benchmark 10-year note last traded at 4.70%.
Oil and Gas: Energy prices were modestly higher on Tuesday, which, like the bond buying, was also a positive, albeit a small one. When the final trade hit the tape, Brent Crude was up 0.33% at $98.20, while West Texas Intermediate closed the day at $85.22, up 0.93%. Natural gas had a very solid day, closing the session at $2.79, up 3.75%.
Gold: After a solid start to the week and a good first half of August, sellers stepped into the bullion market on Tuesday. Oil and interest rates helped encourage sellers as Gold closed the day at $4,333, down 1.87%, while Silver was last seen at $63.21, down 3.74%.
Crypto: Cryptocurrencies followed a pattern Tuesday that’s been in place for a while, with Bitcoin trading in a narrow band between $64,000 and $64,700 after a brief intraday spike above $65,000; the broader market showed continued signs of consolidation. Ethereum, meanwhile, held near $1,910, as ongoing geopolitical tensions kept overall crypto sentiment cautious and price action largely range-bound across the session. At 8 AM EDT, Bitcoin was trading at $64,435, while Ethereum was quoted at $1,921.
24/7 Wall St. reviews dozens of analyst research reports every day to identify fresh investment ideas for investors and traders alike. These daily analyst notes include recommendations on stocks to buy, sell, or avoid, as well as new coverage initiations. Important reminder: No single analyst report should ever be the sole basis for buying or selling a stock.
Here are some of the top Wall Street analyst upgrades, downgrades, and initiations from Wednesday, August 19, 2026.
Upgrades: Ciena Corporation (NYSE: CIEN | CIEN Price Prediction) was upgraded to Outperform from Market Perform at Northland, with a $500 target price. Dollar Tree (NASDAQ: DLTR) was upgraded to Hold from Underperform at Jefferies, which lifted the target price to $135 from $85. Dominion (NYSE: D) was raised to Buy from Hold at TD Cowen, which raised the target price for the utility to $80 from $69. Fabrinet (NYSE: FN) was upgraded to Outperform from Equal Weight at Fox Advisors, without a target price. Honeywell Aerospace (NASDAQ: HONA) was upgraded to Overweight from Equal Weight at Morgan Stanley, with a $295 target price objective. Downgrades: Baidu (NASDAQ: BIDU) was downgraded to Underweight from Equal Weight at Morgan Stanley, which slashed the target price for the stock to $80 from $130. CME Group (NYSE: CME) was downgraded to Hold from Buy at Deutsche Bank, with a $270 target price. Core Natural Resources (NYSE: CNR) was cut to Neutral from Buy at UBS, which bumped the price target up to $105 from $101. Klarna Group (NYSE: KLAR) was cut to Neutral from Overweight at JPMorgan, which trimmed the target price to $18 from $22. Pershing Square (NYSE: PS) was downgraded to Neutral from Buy at Citigroup, with an unchanged $45 target. Initiations:
Aflac (NYSE: AFL) was initiated with an Underperform rating at Wolfe Research, with a $103 target price. BioMarin Pharmaceuticals (NASDAQ: BMRN) was initiated with an Outperform rating at BMO Capital, which has a $98 target price. Cardinal Health (NYSE: CAH) was initiated with an Outperform rating at RBC Capital, with a $276 target price. Hut 8 (NASDAQ: HUT) was started with a Buy at Freedom Capital, with a $132 target price objective. Zoom Communications (NASDAQ: ZM) was reinstated with a Buy rating at Bank of America, with a $130 price target. Contact [email protected] for any questions or corrections.
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, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Utz Brands, Inc. (NYSE: UTZ)'s sale to Intersnack Group GmbH & Co. KG for $14.25 per share in cash. If you are an Utz shareholder, click here to learn more about your legal rights and options.
Integer Holdings Corporation (NYSE: ITGR)'s sale to KKR for $127.00 per share. If you are an Integer shareholder, click here to learn more about your rights and options.
Arcosa, Inc. (NYSE: ACA)'s sale to CRH for $150.00 per share. If you are an Arcosa shareholder, click here to learn more about your rights and options.
Dominion Energy, Inc. (NYSE: D)'s sale to NextEra Energy, Inc. for 0.8138 shares of NextEra for each share of Dominion. If you are a Dominion shareholder, click here to learn more about your legal rights and options.
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NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Dominion Energy, Inc. (NYSE: D) to NextEra Energy, Inc. (NYSE: NEE). Under the terms of the proposed transaction, shareholders of Dominion will receive 0.8138 shares of NextEra for each share of Dominion that they own. KSF is seeking to determine whether this consideration and the process that led t.
Asset Management One Co. Ltd. boosted its holdings in shares of Dominion Energy Inc. (NYSE:D – Free Report) by 8.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 388,738 shares of the utilities provider’s stock after buying an additional 29,808 shares during the period. Asset Management One Co. Ltd.’s holdings in Dominion Energy were worth $26,547,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also recently bought and sold shares of the company. Motiv8 Investments LLC purchased a new position in Dominion Energy during the 4th quarter valued at about $25,000. Blueline Advisors LLC acquired a new position in shares of Dominion Energy in the 4th quarter valued at about $28,000. Triumph Capital Management purchased a new stake in shares of Dominion Energy in the third quarter worth approximately $28,000. Costello Asset Management INC grew its position in Dominion Energy by 66.7% during the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 200 shares in the last quarter. Finally, Advocate Investing Services LLC purchased a new position in Dominion Energy during the fourth quarter valued at approximately $29,000. 73.04% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets A number of equities research analysts have issued reports on D shares. Mizuho increased their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Truist Financial cut their price objective on Dominion Energy from $68.00 to $66.00 and set a “hold” rating for the company in a report on Thursday. Weiss Ratings raised Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. BMO Capital Markets boosted their target price on Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a research note on Wednesday, July 22nd. Finally, Barclays dropped their target price on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $68.00.
Check Out Our Latest Stock Analysis on Dominion Energy
Dominion Energy Trading Up 0.7% Dominion Energy stock opened at $68.55 on Friday. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. The company has a market capitalization of $60.29 billion, a price-to-earnings ratio of 23.88 and a beta of 0.65. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The company’s fifty day moving average price is $69.05 and its two-hundred day moving average price is $65.33.
Dominion Energy (NYSE:D – Get Free Report) last posted its earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. The company had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The business’s revenue was up 17.6% compared to the same quarter last year. During the same period last year, the company earned $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, analysts forecast that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year.
Dominion Energy Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be given a $0.6675 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.9%. Dominion Energy’s dividend payout ratio (DPR) is currently 93.03%.
Key Dominion Energy News Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: Data-center demand supports long-term growth. Virginia’s expanding data-center sector is increasing electricity demand and could provide Dominion with additional load growth and investment opportunities. The Virginia State Corporation Commission also ordered certain transmission costs to be assigned directly to data centers, potentially limiting the burden on other customers and Dominion’s broader rate base. Why Is Dominion Energy in Focus as Data Center Demand Grows Today? Dominion ordered to directly assign some transmission costs to data centers Positive Sentiment: Lake Murray dam restoration is complete. Dominion completed tower upgrades and restoration work at the Saluda Hydroelectric Project, a favorable infrastructure milestone that may improve asset reliability and reduce execution uncertainty. Temporary boating restrictions remain around the dam as final safety measures are completed. Dominion Energy completes Lake Murray Dam restoration project Neutral Sentiment: Dominion rejected claims regarding Ashburn power lines. The company denied allegations that it ignored an alternative plan, keeping attention on its Virginia transmission development and stakeholder disputes without an immediate financial impact. Dominion denies Congressman’s claims about Ashburn power lines Negative Sentiment: Fuel-cost requests could increase customer bills. Dominion is seeking approval in North Carolina to recover higher fuel costs, potentially adding roughly $23 per month for some customers. Although recovery could protect cash flow, higher bills may create political and regulatory resistance. Dominion seeks increase for fuel costs Negative Sentiment: Truist cut its price target and maintained a Hold rating. The target was reduced from $68 to $66, signaling limited near-term upside and adding pressure to the shares. Truist lowers Dominion Energy price target Negative Sentiment: Merger oversight remains contentious. Questions about potential conflicts involving the Virginia SCC chair’s review of the NextEra-Dominion merger could prolong regulatory scrutiny and increase uncertainty around the transaction. Concerns over Virginia SCC chair and NextEra-Dominion merger Dominion Energy Profile (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
See Also Five stocks we like better than Dominion Energy Asian Market Circuit Breakers Hit Stocks, Not AI Demand Riot Platforms Re-Wires the Ledger for a $9B AI Power Play Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy? Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
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Banco Santander S.A. bought a new stake in Dominion Energy Inc. (NYSE:D – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 28,680 shares of the utilities provider’s stock, valued at approximately $1,959,000.
Other hedge funds have also made changes to their positions in the company. Motiv8 Investments LLC purchased a new stake in shares of Dominion Energy in the 4th quarter worth about $25,000. Blueline Advisors LLC purchased a new stake in shares of Dominion Energy in the fourth quarter valued at $28,000. Triumph Capital Management purchased a new stake in shares of Dominion Energy in the third quarter valued at $28,000. Costello Asset Management INC boosted its stake in shares of Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 200 shares during the last quarter. Finally, Advocate Investing Services LLC purchased a new stake in Dominion Energy in the 4th quarter worth approximately $29,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.
Dominion Energy Stock Up 0.7% D stock opened at $68.55 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. The firm has a 50 day simple moving average of $69.05 and a 200-day simple moving average of $65.33. The company has a market capitalization of $60.29 billion, a P/E ratio of 23.88 and a beta of 0.65. Dominion Energy Inc. has a twelve month low of $55.85 and a twelve month high of $72.99.
Dominion Energy (NYSE:D – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. The company had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period last year, the business earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities research analysts predict that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year.
Dominion Energy Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.6675 per share. The ex-dividend date is Friday, September 4th. This represents a $2.67 annualized dividend and a yield of 3.9%. Dominion Energy’s dividend payout ratio is presently 93.03%.
Analyst Upgrades and Downgrades A number of research analysts have weighed in on D shares. Morgan Stanley reduced their price target on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Jefferies Financial Group raised shares of Dominion Energy from a “hold” rating to a “buy” rating and increased their price target for the stock from $65.00 to $76.00 in a research note on Thursday, May 28th. Weiss Ratings upgraded shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Truist Financial cut their price objective on Dominion Energy from $68.00 to $66.00 and set a “hold” rating on the stock in a report on Thursday. Finally, Barclays dropped their price objective on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a research report on Tuesday, June 23rd. Four research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $68.00.
Read Our Latest Stock Analysis on D
Dominion Energy News Roundup Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: Data-center demand supports long-term growth. Virginia’s expanding data-center sector is increasing electricity demand and could provide Dominion with additional load growth and investment opportunities. The Virginia State Corporation Commission also ordered certain transmission costs to be assigned directly to data centers, potentially limiting the burden on other customers and Dominion’s broader rate base. Why Is Dominion Energy in Focus as Data Center Demand Grows Today? Dominion ordered to directly assign some transmission costs to data centers Positive Sentiment: Lake Murray dam restoration is complete. Dominion completed tower upgrades and restoration work at the Saluda Hydroelectric Project, a favorable infrastructure milestone that may improve asset reliability and reduce execution uncertainty. Temporary boating restrictions remain around the dam as final safety measures are completed. Dominion Energy completes Lake Murray Dam restoration project Neutral Sentiment: Dominion rejected claims regarding Ashburn power lines. The company denied allegations that it ignored an alternative plan, keeping attention on its Virginia transmission development and stakeholder disputes without an immediate financial impact. Dominion denies Congressman’s claims about Ashburn power lines Negative Sentiment: Fuel-cost requests could increase customer bills. Dominion is seeking approval in North Carolina to recover higher fuel costs, potentially adding roughly $23 per month for some customers. Although recovery could protect cash flow, higher bills may create political and regulatory resistance. Dominion seeks increase for fuel costs Negative Sentiment: Truist cut its price target and maintained a Hold rating. The target was reduced from $68 to $66, signaling limited near-term upside and adding pressure to the shares. Truist lowers Dominion Energy price target Negative Sentiment: Merger oversight remains contentious. Questions about potential conflicts involving the Virginia SCC chair’s review of the NextEra-Dominion merger could prolong regulatory scrutiny and increase uncertainty around the transaction. Concerns over Virginia SCC chair and NextEra-Dominion merger About Dominion Energy (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
Recommended Stories Five stocks we like better than Dominion Energy Asian Market Circuit Breakers Hit Stocks, Not AI Demand Riot Platforms Re-Wires the Ledger for a $9B AI Power Play Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy? Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
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Axxcess Wealth Management LLC bought a new position in shares of Dominion Energy Inc. (NYSE:D – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 28,802 shares of the utilities provider’s stock, valued at approximately $1,967,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of D. Vanguard Group Inc. grew its holdings in shares of Dominion Energy by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock worth $6,274,975,000 after purchasing an additional 940,838 shares during the last quarter. Capital Research Global Investors grew its position in Dominion Energy by 9.0% during the 4th quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock worth $3,503,142,000 after acquiring an additional 4,940,692 shares during the last quarter. State Street Corp increased its holdings in Dominion Energy by 3.6% during the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock valued at $2,848,662,000 after purchasing an additional 1,686,050 shares in the last quarter. Wellington Management Group LLP increased its holdings in Dominion Energy by 46.2% during the 4th quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock valued at $2,633,253,000 after purchasing an additional 14,197,581 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in Dominion Energy by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 20,442,935 shares of the utilities provider’s stock valued at $1,196,056,000 after purchasing an additional 314,932 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.
Dominion Energy News Roundup Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: Data-center demand supports long-term growth. Virginia’s expanding data-center sector is increasing electricity demand and could provide Dominion with additional load growth and investment opportunities. The Virginia State Corporation Commission also ordered certain transmission costs to be assigned directly to data centers, potentially limiting the burden on other customers and Dominion’s broader rate base. Why Is Dominion Energy in Focus as Data Center Demand Grows Today? Dominion ordered to directly assign some transmission costs to data centers Positive Sentiment: Lake Murray dam restoration is complete. Dominion completed tower upgrades and restoration work at the Saluda Hydroelectric Project, a favorable infrastructure milestone that may improve asset reliability and reduce execution uncertainty. Temporary boating restrictions remain around the dam as final safety measures are completed. Dominion Energy completes Lake Murray Dam restoration project Neutral Sentiment: Dominion rejected claims regarding Ashburn power lines. The company denied allegations that it ignored an alternative plan, keeping attention on its Virginia transmission development and stakeholder disputes without an immediate financial impact. Dominion denies Congressman’s claims about Ashburn power lines Negative Sentiment: Fuel-cost requests could increase customer bills. Dominion is seeking approval in North Carolina to recover higher fuel costs, potentially adding roughly $23 per month for some customers. Although recovery could protect cash flow, higher bills may create political and regulatory resistance. Dominion seeks increase for fuel costs Negative Sentiment: Truist cut its price target and maintained a Hold rating. The target was reduced from $68 to $66, signaling limited near-term upside and adding pressure to the shares. Truist lowers Dominion Energy price target Negative Sentiment: Merger oversight remains contentious. Questions about potential conflicts involving the Virginia SCC chair’s review of the NextEra-Dominion merger could prolong regulatory scrutiny and increase uncertainty around the transaction. Concerns over Virginia SCC chair and NextEra-Dominion merger Analysts Set New Price Targets A number of brokerages have commented on D. Weiss Ratings raised shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Mizuho upped their price target on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and lifted their price target for the stock from $65.00 to $76.00 in a research report on Thursday, May 28th. Truist Financial reduced their price objective on shares of Dominion Energy from $68.00 to $66.00 and set a “hold” rating on the stock in a research note on Thursday. Finally, Wall Street Zen lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Dominion Energy currently has a consensus rating of “Hold” and an average price target of $68.00.
Get Our Latest Research Report on Dominion Energy
Dominion Energy Stock Up 0.7% Dominion Energy stock opened at $68.55 on Friday. The firm has a market capitalization of $60.29 billion, a price-to-earnings ratio of 23.88 and a beta of 0.65. The company’s 50 day simple moving average is $69.05 and its 200 day simple moving average is $65.33. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. Dominion Energy Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $72.99.
Dominion Energy (NYSE:D – Get Free Report) last issued its earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The firm had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.04 billion. During the same quarter in the prior year, the firm earned $0.75 earnings per share. The business’s quarterly revenue was up 17.6% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, sell-side analysts anticipate that Dominion Energy Inc. will post 3.57 EPS for the current year.
Dominion Energy Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be given a $0.6675 dividend. The ex-dividend date is Friday, September 4th. This represents a $2.67 annualized dividend and a dividend yield of 3.9%. Dominion Energy’s payout ratio is currently 93.03%.
About Dominion Energy (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
Featured Stories Five stocks we like better than Dominion Energy Asian Market Circuit Breakers Hit Stocks, Not AI Demand Riot Platforms Re-Wires the Ledger for a $9B AI Power Play Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy? Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
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RICHMOND, Va.--(BUSINESS WIRE)--Nonprofit organizations within Dominion Energy's service areas are invited to apply for grants from the Dominion Energy Charitable Foundation. Grants will be awarded to support programs and specific projects that focus on human needs, environmental stewardship, education and community vitality. The foundation accepts grant requests during semiannual grant cycles. The fall grant application period is now open and closes at 5 p.m. ET on Sept. 11. Decisions will be.
Key Takeaways Dominion Energy reaffirmed 2026 EPS guidance as Q2 earnings and revenues topped consensus.CVOW is 81% complete, but the final turbine is now due at year-end 2027 as costs rise to $11.65B.D has over 53 GW of data center capacity in contracting stages, including 12 GW under service agreements. Dominion Energy, Inc. (D - Free Report) used its second-quarter 2026 call to pair unchanged guidance with a six-month schedule reset for Coastal Virginia Offshore Wind (CVOW). Project execution returned to investor focus.
Management emphasized record demand, data center contracting and the infrastructure needed to support large loads. Those themes framed analyst scrutiny.
D Reaffirms Its 2026 Financial FrameworkCFO Steven Ridge said second-quarter operating earnings were $0.79 per share, including $0.03 of RNG 45Z credits. The result topped the $0.73 Zacks Consensus Estimate by 8.20%.
Revenues of $4.48 billion topped the Zacks Consensus Estimate by 10.30%. CFO Ridge called the first half strong.
Dominion reaffirmed 2026 operating earnings guidance of $3.45 to $3.69 per share, with a $3.57 midpoint, plus credit, dividend and long-term growth guidance. CFO Ridge said the 2026 equity program is complete and FFO-to-debt remained above 15%.
Dominion Resets CVOW Schedule and CostChair, president and CEO Robert Blue said CVOW was 81% complete, with 31 turbines installed and a 32nd underway. More than 450 megawatts of capacity were already on the grid.
CEO Blue said the final turbine is now expected at year-end 2027, a six-month shift. The project cost estimate increased about 2% to $11.65 billion after adding $288 million for the extra two quarters.
A Barclays analyst asked about further slippage. CEO Blue said the revised plan reflects actual Portsmouth loadouts, added weather and vessel-maintenance contingency, and longer jacking at difficult sites. He remained confident in the updated date.
D Points to Durable Data Center DemandCFO Ridge said Dominion has more than 53 gigawatts of data center capacity in contracting stages, including 12 gigawatts under electric service agreements. Contracts increased by more than five gigawatts since year-end.
CFO Ridge also said nine of the DOM Zone's 10 highest peak days occurred this year, including the eight highest summer peaks in the past two months. The large-load framework is designed to protect existing customers from cost shifts and stranded costs.
CEO Blue said air permits were filed for nearly five gigawatts of combined-cycle capacity at Canadys and Mount Storm. A Goldman Sachs analyst asked whether Mount Storm was incremental, and CFO Ridge said it is already in the current capital plan.
Dominion Advances NextEra ReviewCEO Blue said state and federal applications were filed for the proposed NextEra Energy combination. The transaction includes $2.25 billion of shareholder-funded bill credits for Dominion customers.
CEO Blue said Virginia hearings begin Nov. 17. The proposed South Carolina schedule sets a Dec. 8 hearing and a final order by Jan. 29, 2027.
A Barclays analyst asked whether Virginia's review could be extended. CEO Blue said the current timeline is sufficient, citing the commission's experience with statutory deadlines and prior mergers.
D Addresses Grid Reliability and StorageA Jefferies analyst asked about a transmission fault that prompted data centers to switch to backup power. Executive vice president and CEO of Utilities Edward Baine said the fault was rare and the centers had been expected to ride through the momentary event.
Utilities CEO Baine said no significant incremental grid investment is needed from the event, but customer collaboration and mitigation work will continue. CEO Blue said Dominion will keep investing in transmission and applying lessons learned.
CFO Ridge said the five-year forecast includes $2 billion for batteries, about 3% of the capital plan. He identified a fall technical conference and the next integrated resource plan as steps toward acceleration.
Dominion Keeps Execution at CenterCEO Blue returned to three priorities: meeting financial commitments, hitting major CVOW milestones and securing constructive regulatory outcomes. His closing message remained centered on execution.
CFO Ridge's demand commentary added system expansion for large loads while maintaining credit targets. Broader financial guidance stayed unchanged despite the CVOW schedule reset.
D's Zacks Rank and Style Score SignalsD currently carries a Zacks Rank #4 (Sell), with a Value Score of D, Growth Score of F, Momentum Score of B and VGM Score of F. Under Zacks methodology, better Style Scores are associated with better expected performance, making momentum the strongest style reading. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Style Scores complement the Zacks Rank, with the framework favoring Rank #1 or #2 stocks paired with A or B scores. D's profile combines a stronger Momentum grade with weaker Value, Growth and VGM readings and an unfavorable Rank. The Zacks Rank can change as estimates are revised after the just-reported results.
Empowered Funds LLC lifted its position in Dominion Energy Inc. (NYSE:D – Free Report) by 25.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,242 shares of the utilities provider’s stock after buying an additional 7,774 shares during the period. Empowered Funds LLC’s holdings in Dominion Energy were worth $2,364,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in D. North Dakota State Investment Board acquired a new position in Dominion Energy during the 4th quarter worth approximately $1,715,000. Vanguard Group Inc. grew its stake in shares of Dominion Energy by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock worth $6,274,975,000 after acquiring an additional 940,838 shares in the last quarter. Robbins Farley acquired a new stake in shares of Dominion Energy in the fourth quarter valued at approximately $3,601,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Dominion Energy in the fourth quarter worth $2,739,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Dominion Energy by 6.4% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,818,876 shares of the utilities provider’s stock worth $107,750,000 after purchasing an additional 109,146 shares in the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.
Dominion Energy Price Performance NYSE:D opened at $68.30 on Thursday. Dominion Energy Inc. has a 12-month low of $55.85 and a 12-month high of $72.99. The firm has a market capitalization of $60.07 billion, a price-to-earnings ratio of 23.80 and a beta of 0.65. The stock’s 50 day moving average price is $68.88 and its two-hundred day moving average price is $65.04. The company has a quick ratio of 0.61, a current ratio of 0.81 and a debt-to-equity ratio of 1.43.
Dominion Energy (NYSE:D – Get Free Report) last issued its earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, topping the consensus estimate of $0.68 by $0.11. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The company had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.04 billion. During the same period in the previous year, the company posted $0.75 EPS. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, analysts anticipate that Dominion Energy Inc. will post 3.57 earnings per share for the current year.
Dominion Energy Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be issued a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy’s dividend payout ratio is currently 93.03%.
Analyst Upgrades and Downgrades A number of research firms recently weighed in on D. Barclays decreased their target price on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a research report on Tuesday, June 23rd. BMO Capital Markets boosted their price target on shares of Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 22nd. Wells Fargo & Company increased their price objective on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Bank of America lifted their target price on Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a research report on Wednesday, April 15th. Finally, Seaport Research Partners lowered Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $68.00.
Read Our Latest Report on Dominion Energy
About Dominion Energy (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
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Investors in Dominion Energy, Inc. (D - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the September 18, 2026 $35.00 Put had some of the highest implied volatility of all equity options today.
What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?Clearly, options traders are pricing in a big move for Dominion Energy, but what is the fundamental picture for the company? Currently,Dominion Energy is a Zacks Rank #4 (Sell) in the Utility - Electric PowerIndustry that ranks in the Bottom 29% of our Zacks Industry Rank. Over the last 60 days, three analysts have increased their earnings estimate for the current quarter, while none have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from $1.14 per share to $1.19 per share in the same time period.
Given the way analysts feel aboutDominion Energy right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
For the quarter ended June 2026, Dominion Energy (D - Free Report) reported revenue of $4.48 billion, up 17.6% over the same period last year. EPS came in at $0.79, compared to $0.75 in the year-ago quarter.
The reported revenue represents a surprise of +10.33% over the Zacks Consensus Estimate of $4.06 billion. With the consensus EPS estimate being $0.73, the EPS surprise was +8.22%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Dominion Energy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total operating revenue- Dominion Energy Virginia: $3.42 billion versus $2.86 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +26.1% change.Total operating revenue- Contracted Energy: $299 million versus the two-analyst average estimate of $253.9 million. The reported number represents a year-over-year change of +22%.Total operating revenue- Dominion Energy South Carolina: $878 million compared to the $807.73 million average estimate based on two analysts. The reported number represents a change of +5% year over year.View all Key Company Metrics for Dominion Energy here>>>
Shares of Dominion Energy have remained unchanged over the past month versus the Zacks S&P 500 composite's -0.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Powering Up: NextEra and Brookfield Build an Off-Grid EmpireDominion Energy NYSE: D reported second-quarter 2026 operating earnings of $0.79 per share, including $0.03 per share from renewable natural gas 45Z credits, while GAAP earnings were $0.37 per share. The utility reaffirmed its full-year operating earnings, credit, dividend and long-term growth guidance, citing a strong first half and continued demand growth across its service territory.
Chief Financial Officer Steven Ridge said the company completed its planned 2026 common-equity program and that its full-year 2025 and second-quarter last-12-month funds-from-operations-to-debt metrics were both above 15%.
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3 Refiners Benefiting From Oil Volatility and Tight Fuel SupplyManagement said electricity demand has continued to rise, supported by regional economic growth and data-center expansion. Nine of the Dominion Zone's 10 highest all-time peak-demand days have occurred this year, including its eight highest summer peak days during the past two months.
Data-center demand continues to expand Dominion said it now has more than 53 gigawatts of data-center capacity in various stages of contracting, including about 12 GW under electric service agreements. The company has added more than 5 GW of contracts since the end of 2025, an increase of roughly 11%.
Chips & Clips: Memory Tariffs Rewire Tech Supply ChainsRidge said large-load customers continue to cite Virginia's network density, connectivity and existing ecosystem as reasons to build and retain high-value data-center workloads in the state. Dominion said its large-load framework is intended to require those customers to pay for investments needed to support their growth while protecting existing customers from cost shifts and reducing stranded-cost risk.
During the question-and-answer session, Executive Vice President of Utility Operations Ed Baine addressed a recent transmission-line fault that caused some data centers to shift to backup power. Baine said such events are rare and that data centers would typically ride through momentary disruptions. Dominion does not believe major incremental grid investments are needed as a result of the event, he said, but plans to work with customers on mitigation measures and lessons learned.
Offshore wind project reaches 81% completion Chief Executive Officer Bob Blue said the Coastal Virginia Offshore Wind, or CVOW, project was 81% complete and had reached several fabrication and installation milestones. All nacelles have been fabricated, while 99% of towers and 85% of blades were complete. Tower fabrication was expected to finish in the coming days, with final blade production anticipated in October.
The company had installed 31 turbines as of the call, with a 32nd installation under way. The installed turbines represented more than 450 megawatts of capacity, according to Blue. Dominion expects the project’s third and final offshore substation to be energized by year-end, at which point approximately half of project investment, excluding certain network-upgrade costs, is expected to be in service.
However, Dominion moved the expected installation date for the final turbine back by six months, to year-end 2027. Blue said the revised schedule adds weather and vessel-maintenance contingency, accounts for observed load-out times at Portsmouth Marine Terminal, and reflects longer expected jacking durations at certain turbine locations with more challenging subsea conditions.
The company raised its CVOW cost estimate by approximately 2% to $11.65 billion, including $123 million of unused contingency. The increase includes about $288 million associated with the additional two quarters needed to finish final turbine installation. Blue said this equates to about $144 million per additional quarter, below Dominion’s previous rule-of-thumb range of $150 million to $200 million per quarter.
Other changes to the budget included $228 million in additional tariff costs, a $502 million reduction tied to the reallocation of certain PJM-assigned network upgrade costs, and about $234 million in miscellaneous costs related to cable protection, fuel, mitigation for difficult jacking locations and final onshore construction. Dominion said it expects its financing partner to bear about one-third of the latest cost increase.
Blue said the company received a final order on July 29 approving 100% of its revenue requests in its 2025 CVOW rider proceeding. Dominion estimates the project will generate approximately $5 billion in customer fuel savings during its first 10 years of operation.
NextEra combination enters regulatory process Dominion and NextEra Energy have filed their joint proxy statement on Form S-4 and submitted state and federal regulatory applications for their proposed combination. The filings were made with the Virginia State Corporation Commission, North Carolina Utilities Commission, Public Service Commission of South Carolina, Federal Energy Regulatory Commission and Nuclear Regulatory Commission.
Blue said the Virginia commission has issued a procedural schedule that includes evidentiary hearings beginning Nov. 17. In South Carolina, the proposed schedule calls for a Dec. 8 hearing and a final order by Jan. 29, 2027, though the commission had not yet ruled on the proposed timeline.
Under the proposed merger terms, Dominion customers would receive $2.25 billion in shareholder-funded bill credits. Blue said the companies believe a combined organization could more efficiently buy, build, finance and operate energy infrastructure across four states.
Responding to questions about calls for a longer review period in Virginia, Blue said Dominion believes the established schedule is sufficient. He cited the commission’s experience with mergers and complex cases subject to statutory timelines.
Generation, battery and regulatory updates Dominion recently filed air permits for two proposed natural gas-fired combined-cycle plants: Kennedy Station in South Carolina and Mount Storm in West Virginia. Together, the projects represent nearly 5 GW of potential new capacity. Ridge said the Mount Storm project is not incremental to Dominion’s current capital plan, which already anticipated accelerating capital spending later in the planning period for natural-gas investments.
The company also said it is working to accelerate battery deployment following Virginia legislation that increased storage targets. Blue said Dominion has about $2 billion of battery investment in its current five-year forecast, representing roughly 3% of the total capital plan. A commission-sponsored technical conference this fall and the company’s forthcoming integrated resource plan are expected to provide additional detail.
In South Carolina, comprehensive settlement agreements in Dominion subsidiary DESC’s electric rate case were unanimously approved in June, with new rates taking effect at the start of July. Dominion said it has now reached settlements in each of its past four South Carolina electric and gas base-rate cases.
At its Millstone nuclear facility, Dominion expects a decision soon from the Connecticut Department of Energy and Environmental Protection regarding its bid in a zero-carbon energy solicitation. The company said Millstone’s current power-purchase agreement is expected to save Connecticut customers more than $300 million in 2026 and more than $900 million over its 10-year term based on current forward curves.
About Dominion Energy (NYSE:D)Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company's core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion's electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
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